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£500,000 Guide Price
Bedrooms
Bathrooms
A charming flint and brick period cottage situated within the heart of Boxgrove village, close to Chichester and the world-renowned Goodwood Estate. Formally owned by the Goodwood Estate the property has undergone a sympathetic restoration and improvement programme in recent years, and as a consequence, well-proportioned and beautifully presented accommodation is offered.
On entering the house, a comfortable sitting room can be found with attractive exposed floor boards and a feature fireplace with wood burning stove. The modern kitchen is open plan to the dining area with fitted bench style seating. A bespoke fitted conservatory links to a ground floor bedroom with en-suite wetroom/WC and utility. On the first floor there are two further bedrooms, each with a feature fireplace, plus a modern bathroom with a separately plumbed shower over the bath.
The cottage style front garden is attractively landscaped with a low retaining front wall and traditional picket gate. At the rear the garden extends in excess of sixty feet in depth and has a neatly tended lawn, attractive borders and a log cabin studio/home office being fully insulated with light and power. A rear gate leads out to a driveway where there is parking for two cars, which is accessed via a shared drive adjacent to number 75.
Chichester District Council - 24/25 Tax Band TBC
From Chichester proceed east along the A27. At the Tangmere/Boxgrove roundabout take the first exit off into The Street (signposted Boxgrove). Continue along The Street and past Priory Close, the property is a short distance along on the right.
Parking - Off street
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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