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6 Market Parade, Havant
£825,000 Guide Price
Bedrooms
Bathrooms
A detached, Edwardian period home of great character with period features, offered with no onward chain. Accommodation of impressive proportions includes three reception rooms, kitchen/breakfast room, four bedroom, 2 bathrooms and attractive gardens. Set in a plot of approx. 1/4 of an acre.
This substantial, detached, home dates from the Edwardian period and has maintained a number of the character features of the period. The accommodation includes three reception rooms, a spacious kitchen/breakfast rooms plus pantry, four bedrooms, and two bathrooms. The generous room sizes provide a living space in excess of 2,000 sq.ft. over two floors. The house is set in a plot of approximately a quarter acre, with a most attractive rear garden backing on to the Hayling Billy Trail. The location is convenient for excellent transport links, including the mainline station at Havant with services direct to London Waterloo, as well as being within walking distance of Langstone Harbour. A viewing is certainly recommended to fully appreciate all this property has to offer.
On entering the house, a small porch leads through to the main hallway which gives access to all the primary rooms on the ground floor, including a ground floor wc. The largest of the reception rooms is an elegant drawing room, featuring a dual aspect and an ornate fireplace. The dining room also has a dual aspect with doors opening to the gardens and also offering a feature fireplace. There is a study to the front with the generous kitchen/breakfast room overlooking the rear garden. This room currently features an extensive range of solid wood floor and wall units with inset gas hob and eye-level double oven. The breakfast area benefits from a bay window overlooking the gardens and there is also a useful pantry.
To the first floor there are four bedrooms and two bathrooms. The largest of the bedrooms is generous in size with a bright, dual aspect. The second bedrooms benefits from access to the largest of the two bathrooms, which can also be accessed directly from the landing. This bathroom currently features a pale avocado coloured suite comprising a bath, two wash basins and a toilet, with a separate shower cubicle to one corner. The two further bedrooms are both double rooms, with the second bathroom offering a corner bath with shower over, wash basin and bidet. There is a separate wc accessed from the landing.
Outside, the house is approached over a generous driveway providing off-road parking and leading to an attached single garage. Gated access to the side leads to a rear courtyard which provides access to garden stores and outside wc. The rear garden features a patio area, lawn and a selection of mature shrubs and trees. Currently, there is a greenhouse to the far corner of the garden.
GROUND FLOOR:
ENTRANCE PORCH
HALLWAY
DRAWING ROOM 5.49m (18) x 4.56m (15) plus bay
DINING ROOM 4.58m (15) x 4.33m (143') plus bay
STUDY 3.22m (107') plus bay x 3.17m (105')
KITCHEN/BREAKFAST ROOM 7.08m (233') x 3.08m (101') max
PANTRY 2.05m (69') x 1.68m (56')
WC
FIRST FLOOR:
LANDING
BEDROOM 1 5.49m (18) x 4.56m (15) plus bay
EN-SUITE BATHROOM
BEDROOM 2 4.58m (15) x 4.33m (143') plus bay
BEDROOM 3 3.31m (1010') plus bay x 3.22m (107')
BATHROOM
BEDROOM 4 3.28m (109') max x 3.04m (10)
SEPARATE WC
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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