4 bedroom detached for sale

£850,000

4

Bedrooms

2

Bathrooms

Floorplan

House and Son are delighted to offer for sale this truly remarkable detached house on the East Cliff of Bournemouth. This deceptively spacious home has been in the same family since the 1950s and although in need of full modernisation, there is undeniable character and charm throughout.

The accommodation comprises: entrance porch, panelled entrance hall, three reception rooms as well as a kitchen breakfast room, ground floor bathroom and separate cloakroom; stairs lead to the first floor landing where there are four good sized bedrooms, one previously used as a second kitchen, and a family bathroom.

To the front of the property there is a small garden area, driveway allowing for off road parking that leads to the single integral garage with doors to the front and rear, affording additional parking to the side of the house. There are many original features including parquet flooring, this however requires attention in the living room.

Available for the first time in over 75 years and offered with no forward chain; modernisation will be required before the new residents can take advantage of living in such a desirable location within walking distance of the cliff top, sandy beaches below and the vibrant Town Centre of Bournemouth.

ENTRANCE PORCH With low wall to each side and covering above.

ENTRANCE HALL 34 2' x 7 7' (10.41m x 2.31m) narrowing to 3 6' (1.07m) With panelled walls, cloaks and under stairs storage cupboard, parquet flooring, double doors with stained glass windows lead to the staircase, radiator and ceiling light point.

DINING ROOM 18 7' x 11 7' (5.66m x 3.53m) Tiled fireplace, radiator and ceiling light point.


LIVING ROOM 19 7' plus window recess 2 8' ( 0.81m) x 12 0' (5.97m x 3.66m) French doors to rear garden, tiled fireplace , radiator and ceiling light point.


STUDY 12 1' plus bay window 2 5 x 9 6' (3.68m x 2.9m) Door recess measuring 3 0, radiator and ceiling light point.

KITCHEN/BREAKFAST ROOM 12 2' plus bay window 2 5 x 9 3' (3.71m x 2.82m) With corner cupboard, sink with drainer, oven point, door to side garden and ceiling light point.


BATHROOM 6 4' x 5 6' (1.93m x 1.68m) With bath and sink.

CLOAKROOM 5 5' x 2 10' (1.65m x 0.86m) With low flush toilet.

BEDROOM TWO 16 0' x 11 7' (4.88m x 3.53m) Radiator and ceiling light point.


LANDING 18 1' x 7 1' (5.51m x 2.16m) narrowing to 3 6' (1.07m) Access to loft space, radiator and ceiling light point.


MASTER BEDROOM 19 7' x 12 0' (5.97m x 3.66m) Juliet balcony, radiator and ceiling light point.



BEDROOM THREE 12 4' x 10 7' (3.76m x 3.23m) Previously used as a second floor kitchen, wall mounted gas boiler, sink with drainer, corner cupboard, radiator and ceiling light point.


BEDROOM FOUR 12 0' x 9 6' (3.66m x 2.9m) Radiator and ceiling light point.


BATHROOM 6 4' x 5 6' (1.93m x 1.68m) With bath, sink, low flush toilet and ceiling light point.

SINGLE INTEGRAL GARAGE With wooden doors to the front and rear.

OUTSIDE Small front garden with hardstanding driveway for off road parking, leading to the garage, side gate gives access to the side and rear garden.

The rear garden is mainly laid to lawn with trees and shrubs surrounding, providing a private, tranquil and secure outside space.

TENURE AND CHARGES Tenure: Freehold
Council Tax Band: E
EPC Rating: To be confirmed.



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

£ 703950

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
    £ 21250
  • 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

£ 66450
  • 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.

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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

£
  • 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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