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28 North Road, West Sussex, Lancing
£575,000 Offers over
Bedrooms
Bathrooms
Summary
An extended and beautifully presented detached family home on the South coast, directly opposite the beach, offering versatile accommodation with flexible living to include five / six bedrooms, two refitted bathrooms and modern open plan living and being offered with no on going chain.Internal
From the entrance hall are doors leading to the the ground floor rooms and stairs to the first floor. Double doors open to the extended open plan living area providing ample space for lounge and dining furniture with bi folding doors opening to the rear garden, the luxury style kitchen boasts a range of wall and base units with fitted work surfaces, integrated appliances - full size fridge and freezer, eye level oven, grill and microwave oven, dishwasher and drinks fridge, the island incorporates a breakfast bar and induction hob with concealed extractor fan and drinks fridge, within the cupboard units is a utility area with space and plumbing for washing machine and tumble drier. There are two receptions on the ground floor currently being use as bedrooms and a modern ground floor shower room with shower cubicle with hand held and rainfall shower heads, hand was basin and W.C.On the first floor there are four bedrooms and a refitted modern family bathroom comprising a freestanding bath with floor mounted shower and bath mixer with hand held shower attachment, button flush W.C and hand wash basin with storage beneath.External
The front has been laid to block paving providing ample off road parking. The rear garden is mainly laid to paving for ease of maintenance with designated seating areas, with shed store at the rear and Hydropool swim spa.Situated
Situated across the road from the beach, in this ideal and convenient location. Being directly on the bus route located on Brighton Road giving access directly to Worthing and Brighton whilst also being approximately 0.7 miles away from the train station, commuting is easy from this location. Lancing Village Centre is also a short distance away.Council Tax Band D
Map location is not available for this property.
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.
28 North Road, West Sussex, Lancing
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