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£850,000
Bedrooms
Bathrooms
SUMMARY OF ACCOMMODATION
Ground Floor: Spacious Entrance Hall with period features ' Living Room with bay window to front and beautiful fireplace and built in shelving ' Dining Room ' South Facing Kitchen Breakfast Room with ample worktops and storage ' patio doors to garden.
First Floor: Spacious Landing ' Three Double Bedrooms ' Tiled Bathroom with white suite and walk-in shower.
Top Floor: Bedroom with Velux balcony windows offering lovely views over the surrounding area.
Outside: South facing rear garden designed for low maintenance with sun deck, established flower and shrub borders, rear access. Office Pod for those that wish to work from home.
This beautifully presented red brick period house offers a wonderful balance of classic charm and modern living, perfectly positioned in a peaceful residential street close to the ever-popular Fiveways area. Behind its elegant faade, the property opens into two light-filled reception rooms, ideal for both everyday living and entertaining. The heart of the home is a contemporary, well-appointed kitchen, thoughtfully designed for modern family life. Upstairs, four comfortable bedrooms and two stylish bathrooms provide ample space for families or guests. To the rear, a south-facing garden offers a peaceful, sunny retreat - perfect for relaxing or al fresco dining. At the end of the garden, a fully insulated and powered office provides a quiet and practical space for working from home or creative projects.
This lovely property is situated in this quiet residential road located in the much sought after Fiveways/Preston Park area of Brighton. There is an excellent range of local shopping within walking distance including a Post office, Butcher, Baker, Greengrocer, Deli and Co Op. Also within walking distance are excellent schools for children of all age groups. There is excellent public transport within easy reach providing access to Brighton City Centre and the A27. Preston Park mainline railway station, with a direct service to London Victoria is just a short walk away and Brighton seafront with its fine recreational facilities and bathing beaches being approximately two miles distant.
Local Information
Downs Junior 0.2 mile
Downs Infant 0.2 mile
Balfour Primary 0.6 mile
Dorothy Stringer 0.8 mile
Varndean 0.6 mile
Cardinal Newman 1.5 miles
Preston Park Station 1.2 miles
London Road Station 0.4 mile
Brighton Mainline Station 1.2 miles
Brighton seafront (Palace Pier) 1.7 miles
Brighton Shopping Centre (clocktower) 1.5 miles
All distances approximate
Council Tax Band D
Car Parking Zone J
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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