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6 Market Parade, Havant
£830,000 Offers in excess of
Bedrooms
Bathrooms
This exceptional property is set just a short stroll from Emsworth village centre, on the West Sussex/Hampshire coastal boarder. The accommodation is presented to the highest standard, offering four bedrooms over two floors, open-plan social space and a delightful landscaped rear garden.
The Lodge is a truly delightful home, ideal for modern living and set within a short stroll of Emsworth village centre and waterfront. Located on the coast at the Hampshire/West Sussex boarder, Emsworth offers a selection of independent shops, cafes and restaurants, as well as coastal walks and sailing clubs. The cathedral city of Chichester lies about 7 miles to the east, renowned for its Festival Theatre and 11th Century cathedral. A short distance beyond Chichester is the Goodwood Estate, famous for its sporting events including horse racing, motor racing and golf. Both Chichester and nearby Havant have mainline stations servicing London (Waterloo) and London (Victoria).
This property was originally a single storey dwelling but has since been extended to provide both additional ground floor and first floor accommodation. A particular feature is the spacious, open-plan kitchen/dining/living space at the rear of the ground floor. This fabulous social space has full-width sliding doors opening to a generous decked area of the rear garden, complete with a mains gas fed barbeque station, as well as a seating area. Its a perfect blend for indoor and outdoor entertaining. The ground floor accommodation also includes an attractive sitting room, two double bedrooms (one with en-suite wc), a stylish shower room and a utility room.
The first floor is home to the principal bedroom, which is a well-proportioned and bright room with fitted wardrobe/storage space to one wall. The fourth bedroom is also on this first floor and would make an ideal study as an alternative use. There is also a large bathroom offering both a bath and walk-in shower, along with 'his & hers' wash basins and a toilet.
To the front of the house is a secure, gated area of off-road parking with a car port to the side of the house, with space for numerous vehicles. Gated side access leads to the rear garden which has been landscapes to provide the generous decked area with a lawn beyond, edged with shrubs and trees. To one side of the garden there is a good-sized potting shed. To the far end, there is a cabin-style home office, complete with reverse air-conditioning unit, making it fully usable all year round.
GROUND FLOOR:
HALL
SITTING ROOM 4.27m (14) plus bay x 4.21m (1310')
KITCHEN/DINING/LIVING SPACE 9.32m (307') max x 7.13m (235') max
UTILITY ROOM 3.67m (12) x 1.98m (66')
BEDROOM 2 3.78m (125') x 3.63m (1111') plus bay
SHOWER ROOM
BEDROOM 3 6.59m (217') max x 2.44m (8) max
WC
FIRST FLOOR:
LANDING
BEDROOM 1 5.27m (173') max into wardrobes x 5.08m (168') max
BEDROOM 4 4.34m (143') max x 1.98m (66')
BATHROOM
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.
6 Market Parade, Havant
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