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28 North Road, West Sussex, Lancing
£575,000
Bedrooms
Bathrooms
A spacious and versatile four/five -bedroom detached house with a beautiful mature rear garden, generous garage, and flexible living accommodation. This well-loved home now offers superb scope for modernisation or extension (STPP) and sits in a highly regarded Lancing location close to schools, transport links, and the seafront.
Internal
The ground floor opens into a bright entrance hallway with timber balustrade staircase and doors to all rooms. Downstairs there is a spacious living room to the front and a separate dining room to the rear with patio doors onto the garden. A kitchen overlooks the garden and leads through to a sunroom/conservatorya lovely light spot for relaxing with views of the greenery beyond. This room could be a perfect opportunity to open up and extend to create a large kitchen/dining room. Also on the ground floor is a flexible reception room/bedroom 5, a WC with shower potential.
Upstairs, the first floor hosts four well-proportioned bedrooms, an ensuite with both bath and separate shower, and a second older-style bathroom, ideal for updating or conversion into an ensuite. The property benefits from gas central heating, double glazing, and abundant natural light throughout.
External
To the front, a wide driveway offers off-road parking and leads to the garage. The rear garden is a real feature a large, mature lawn framed by established trees and shrubs, offering superb privacy and plenty of potential for landscaping or entertaining spaces. An integral garage is of generous size providing excellent storage
Situated
Wembley Avenue is a popular residential road within easy reach of Lancing village centre, mainline station, and the South Downs National Park. Local schools, parks, and beach walks are all nearby, while Worthing and Shoreham-by-Sea are just a short drive away. Excellent road links connect to the A27 and Brighton.
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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