Herbrand Walk, Bexhill-On-Sea

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Available / For Sale

Burgess & Co Estate Agents

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

3 bedroom detached bungalow for sale

£1,200,000 Offers over

3

Bedrooms

2

Bathrooms

2

Reception

Floorplan

**CHAIN FREE** Burgess & Co are delighted to bring to the market an incredibly rare opportunity to purchase this fabulous beach front detached chalet bungalow with uninterrupted SEA VIEWS in the prestigious Cooden area of Bexhill. Ideally located being within a short walk of The Relais Cooden Beach Hotel & Spa, Cooden mainline railway station and the exclusive Cooden Beach Golf Club. Bexhill Town Centre is within 2 miles providing an array of shopping facilities, restaurants and the iconic De La Warr Pavilion. The accommodation comprises a spacious entrance hall, a 25'3 living room, a sun room, a dining room, a kitchen, a utility room, a reception/bedroom, a bathroom, a separate w.c and a store room which connects to the pool room. To the first floor there are two double bedrooms, one with an en-suite bathroom. To the outside there is ample off-road parking to the front of the property with a wall enclosed west facing garden and a detached garage. The property is in need of modernisation throughout and would give someone the opportunity to create a unique and individual home. NOTE there is lapsed planning permission under Ref: RR/2019/1521/P to develop the site that could potentially be reinstated or amended. Viewing highly recommended by vendors sole agents.

Porch - With storage cupboard, two windows to the front, door to

Entrance Hall - 3.48m x 3.38m (11'5 x 11'1) - With radiator, understairs storage cupboard.

Living Room - 7.70m x 3.76m (25'3 x 12'4) - With two radiators, feature fireplace with surround & hearth, double glazed door with double glazed window to either side providing access to the side garden, single glazed window to the rear with sea view, single glazed window overlooking the Sun Room, double doors leading to

Sun Room - 4.34m x 1.91m (14'3 x 6'3) - With partly wooden panelled walls, double glazed windows to two sides, double glazed patio doors leading to the rear garden.

Kitchen - 4.19m x 3.20m (13'9 x 10'6) - Comprising a range of wall & base units, Range Master cooker, worksurface with inset sink unit, radiator, pantry cupboard, double glazed window to the side. Door to

Utility Room - 4.04m x 2.67m (13'3 x 8'9) - Comprising wall & base units, worksurface with inset sink unit, Vaillant boiler, secondary glazed window to the front, double glazed window to the side.

Bathroom - 2.44m x 1.83m (8'0 x 6'0) - With partly tiled walls, radiator, pedestal wash hand basin, panelled bath, circular single glazed window to the side, double glazed frosted window to the front.

Separate W.C - 1.22m x 0.94m (4'0 x 3'1) - With low level w.c, partly tiled walls, double glazed window to the front.

Bedroom/Reception - 4.06m x 3.56m (13'4 x 11'8) - With radiator, two double glazed windows to the rear, double glazed window to the side, circular single glazed window to the side.

Dining Room - 3.10m x 2.64m (10'2 x 8'8) - With glass door to

Store Room - 2.79m x 2.06m (9'2 x 6'9) - With pool pumps, single glazed circular frosted window to the rear. Sliding door to

Pool Room - 6.12m x 3.35m (20'1 x 11'0) - With swimming pool, double glazed window, double glazed door to the rear.

First Floor Landing - With radiator, two cupboards, double glazed window to the front.

Bedroom - 5.08m x 2.82m (16'8 x 9'3) - With built-in wardrobe & dressing table, radiator, dual aspect with double glazed windows to the side & rear. Opening to

En-Suite Bath/Shower Room - 2.87m x 2.77m (9'5 x 9'1) - Comprising panelled bath, step up to separate shower cubicle, low level w.c, pedestal wash hand basin, partly tiled walls, radiator, door to eaves storage, double glazed window to the side.

Bedroom - 5.99m x 3.58m (19'8 x 11'9) - With two radiators, pedestal wash hand basin, dual aspect with double glazed window to the side & rear.

Outside - To the front there is a carriage driveway providing parking for multiple vehicles, a detached garage and gated access to both sides. To the rear there is an area of patio leading to an area of lawn to the side as well as direct access to the beach.

Nb - Under the 1979 Estate Agents Act, we must advise you that the vendor of this property has a connection to our company. Council tax band: G


New Home: Non New Home

Nearest Stations:

0.31 miles
Cooden Beach
1.4 miles
Normans Bay
1.72 miles
Collington
2.56 miles
Bexhill
3.52 miles
Pevensey Bay

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

£ 993950

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
    £ 30000
  • 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

£ 93950
  • 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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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.

Total Profit

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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