Burgess & Co Estate Agents

3, Devonshire Square, Bexhill-on-Sea, East Sussex, TN40 1AB

5 bedroom terraced for sale

£550,000 Offers in excess of

5

Bedrooms

2

Bathrooms

2

Reception

Floorplan

**CHAIN FREE** Burgess & Co are delighted to bring to the market this charming, bright and spacious GRADE II LISTED period terraced house with distant sea/roof top views, and it comes with an English Heritage blue plaque advising that this was the former home of the author George MacDonald in 1824. Ideally located being within easy reach of the popular West Hill which leads down to the historic Old Town of Hastings with an array of independent shops, restaurants, pubs and seafront. Hastings Town Centre is also within easy reach with further shops and mainline railway station. The property is accessed via steps to the front and has been newly and sympathetically renovated throughout. The accommodation comprises to the ground floor a living room, a dining room, a newly fitted kitchen, a newly fitted shower room and a utility room. To the first floor there are three bedrooms, a newly fitted family bathroom, and to the second floor there are two further bedrooms. The property offers a wealth of character and benefits include gas central heating, newly decorated throughout, a delightful front garden with mature plants and shrubs, to the rear there is a walled garden with patio area, raised flowerbeds and a particular feature is the carved arches in the sandstone which gives you your very own cave area to enjoy and entertain guests in. Viewing is essential to truly appreciate all that this property has to offer.

Entrance - There is access from the road with gate, path & steps up to the front garden being tiered with shingle area, flowerbeds, shrubbery, patio area, front door to

Dining Room - 3.89m x 3.12m (12'9 x 10'3) - With radiator, feature fireplace, original flooring, single glazed sash bay window to the front.

Hallway - With vertical radiator, original flooring, understairs storage cupboard, stairs up.

Living Room - 4.93m x 3.45m (16'2 x 11'4) - With two radiators, feature fireplace, original flooring, single glazed sash bay window to the front.

Kitchen - 4.27m x 3.02m (14'0 x 9'11) - Comprising matching range of wall & base units, worksurface, inset sink unit, Mercury gas hob & oven, integrated Smeg microwave, integrated AEG fridge/freezer & dishwasher, pull out bin, inset ceiling spotlights, vertical radiator, window to the rear, sash window to the side, door to the rear. Stairs up to First Floor.

Utility Room - 2.59m x 1.27m (8'6 x 4'2) - With vertical radiator, inset sink, space for washing machine, cupboard, skylight, window to the rear.

Shower Room - 2.59m x 1.55m (8'6 x 5'1) - Comprising open shower with extra shower attachment, low level w.c, wash hand basin, towel radiator, tiled walls, window to the rear.

First Floor Landing - With storage cupboard, stairs to Second floor, sash window to the rear.

Bedroom - 4.57m x 3.18m (15'0 x 10'5) - With radiator, built-in wardrobes, original flooring, sash window to the side with sea views. Door to

Jack & Jill Bathroom - 3.63m x 2.72m (11'11 x 8'11) - Comprising bath with shower over, partly tiled walls, storage cupboard, towel radiator, his & hers sinks with storage under, LED mirror, w.c, sash window to the side. Door to Landing.

Bedroom - 3.48m x 3.23m (11'5 x 10'7) - With radiator, feature fireplace, original flooring, bay window to the front enjoying sea views.

Bedroom - 3.68m x 2.97m (12'1 x 9'9) - With radiator, original flooring, sash bay window to the front enjoying sea views.

Second Floor Landing -

Bedroom - 3.58m x 2.92m (11'9 x 9'7) - With radiator, sash window to the front enjoying sea views.

Bedroom - 3.66m x 2.44m (12'0 x 8'0) - With radiator, hatch, storage cupboard, sash window to the front enjoying sea views.

Outside - To the rear there is a walled garden with patio area, raised flowerbeds, a pond, a water tap, outside electrics, and a particular feature is the carved arches in the sandstone which gives access to your very own cave areas to enjoy and entertain guests in.

Nb - Council tax band: C


New Home: Non New Home

Nearest Stations:

0.34 miles
Hastings
0.8 miles
Ore
1.04 miles
St.Leonards Warrior Square
1.94 miles
West St Leonards
3.34 miles
Three Oaks

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 456450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 43950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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