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£820,000
Bedrooms
Bathrooms
SUMMARY OF ACCOMMODATION
GROUND FLOOR: Entrance Hall ' Through Living Room with original ceiling moldings and Pine flooring ' Very spacious and well fitted Kitchen/Breakfast Room with French doors to the garden.
FIRST FLOOR: Three Bedrooms ' Family Bathroom with modern white suite.
TOP FLOOR: Bedroom Four with Velux windows to front French Double-Glazed doors with Juliet Balcony ' Modern Ensuite.
OUTSIDE: Sunny South facing walled rear garden with paved sun terrace, lawn and shrub borders.
GAS FIRED CENTRAL HEATING ' A WEALTH OF PERIOD FEATURES
Nestled in a highly sought-after tree-lined road near Fiveways, this exceptional bay-fronted Victorian family house presents a wonderful opportunity for discerning buyers. With its delightful southern aspect, the home is bathed in natural light, creating bright, airy rooms that invite comfort and relaxation. Each space has been tastefully decorated, seamlessly blending modern aesthetics with the charm of yesteryear. This property is rich in character, retaining a wealth of period features that include intricate fireplaces, elegant ceiling moldings, and stunning pine flooring throughout the ground floor.
Step into the spacious through living room, where the original pine flooring adds a touch of warmth, complemented by the graceful ceiling moldings and a beautifully maintained period fireplace, making it the perfect gathering spot for family and friends. The heart of the home is undoubtedly the generous kitchen breakfast room, which boasts a fine array of store cupboards and solid worktops, offering both functionality and style for the culinary enthusiast. Upstairs, you will find an impressive layout with four double bedrooms, ensuring ample space for family living. The modern fitted bathroom and an ensuite provide convenience and comfort, making this home a perfect sanctuary for family life. This Victorian gem truly represents a rare find in a desirable location.
Hythe Road is a highly sought-after tree lined residential road running between Preston Drove and Osborne Road. It is therefore within easy walking distance is a comprehensive range of local shopping both at Fiveways including a Post Office, Chemist, Co Op, Butcher and Baker with a wide variety of additional shopping in Preston Village. There are excellent schools for children of all age groups within walking distance as are both Blakers Park and the beautiful 65-acre Preston Park with its wide range of recreational facilities including Tennis Courts, Bowling Greens and Cycle Track.
Preston Park Railway Station is only 10-minute walk away and both Brighton Mainline and London Road railway stations are within easy reach. Brighton City center with its comprehensive shopping, theatres, cinemas and fine range bars and restaurants and the Seafront are all less than 2 miles distant.
Local Information
Downs Junior School 0.6 miles
Balfour Road Infants 0.5 miles
Dorothy Stringer High School0.7 miles
Varndean Schools Complex0.5 miles
Cardinal Newman School1.3 miles
Preston Park Station 1.0 miles
London Road Station 0.8 miles
Brighton Station Mainline1.5 miles
Brighton Seafront 2.0 miles
Brighton Shopping Centre1.8 miles
All distances approximate
Council Tax Band D
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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