5 bedroom detached for sale

£750,000 Offers over

5

Bedrooms

4

Bathrooms

Floorplan

Internal

Stunning Detached Family Home with Expansive Garden and Modern AmenitiesWelcome to this imposing and generously proportioned detached home, a true sanctuary for modern family living, located just a short stroll from the station and local shops. This remarkable property boasts 5/6 bedrooms and offers an abundance of space, light, and luxury. As you step through the porch adorned with convenient hanging space, you are greeted by a bright hallway that sets the tone for the elegance that unfolds within.The heart of this home is undoubtedly the impressive 247' southerly aspect lounge creating a perfect for cozy evenings in. Adjacent to this is a delightful conservatory with double doors leading into your expansive garden, providing an idyllic setting for relaxation or as an inspiring home office with ethernet cable already set up. The ground floor flows seamlessly from the hall into a sophisticated dining room which then opens up to an exceptional kitchen space. Here, natural light pours in through a stunning feature lantern skylight and large windows overlooking the lush garden. The kitchen is equipped with high-end amenities including a Rangemaster cooker, integrated dishwasher, and American-style fridge/freezer. With ample room for dining furniture and bi-fold doors that connect you directly to the outdoor patio area, entertaining friends and family has never been easier! A utility room off the kitchen features additional sink space alongside provisions for further appliances. Also on this level is another versatile reception room or bedroom depending on your needs, bathed in natural light from its bay-fronted southerly window, a perfect guest suite, playroom or further lounge space. A converted garage currently serves as a cinema room, offering endless entertainment possibilities right at home. Completing this floor is a convenient downstairs shower room.Venture upstairs to discover four spacious double bedrooms serviced by a stylish family shower room. The principal suite stands out with its en-suite shower room and fitted wardrobes while enjoying serene views thanks to its desirable southerly aspect. A staircase leads you up to the converted loft space where youll find yet another beautifully appointed room along with an additional bathroom -ideal for guests or as private accommodation for older children subject to planning permissions. NB the stair case to this floor may not be suitable for all.NB whilst orange is a feature to many rooms, the property is neutrally decorated throughout and many of these items are moveable.

External

Step outside into your own personal paradise! The impressive garden extends over 100ft and features both patio areas for al fresco dining as well as generous lawns bordered by mature shrubs. Additional conveniences include outside taps and electrical points throughoutperfect for hosting summer gatherings or simply unwinding in natures embrace. This exquisite property combines luxury living with practicality in one of the most sought-after locations around! Dont miss your chance to make it yours; contact us today to arrange your private viewing of this exceptional family home!

Situated

Elm Grove is in the heart of South Lancing, less than half a mile from the mainline train station that can whisk you to Worthing, Brighton or even London. The A27 is close at hand too giving you easy access to the whole of the South Coast. Lancing Beach is not far either - you can stroll to The Perch in approx. ten minutes.

Features
  • Freehold

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

£ 621450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 18750
  • 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

£ 58950
  • 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

£

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

Notes

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