5 bedroom detached for sale

£800,000 Offers over

5

Bedrooms

2

Bathrooms

Floorplan

We are delighted to offer for sale for substantial and beautifully presented extended detached family home, situated in the highly sought after area of Thomas A Becket close to local shops, amenities and mainline train station. The house boasts five bedrooms, open plan kitchen/diner, bay fronted living room, office, ground floor w/c and utility room, a well matured west facing rear garden and off road parking for multiple vehicles at the front.

Internal The covered front door provides access into the welcoming hallway, which provides access to all ground floor rooms, additional understair storage and stairs rising to the first floor. Positioned at the front of the house is the separate bay fronted living room, facing east means you can enjoy the morning sun but use this as a cosy snug during the evening in those winter months. Situated at the rear of the house is the open plan kitchen/diner living space which has been excellently designed with a full width rear extension with bi folding doors to create the perfect focal point of this home and measures a substantial 186' x 278'. The kitchen has been fitted with an array of neutral shaker style wall and floor mounted units topped with high quality quartz worktops to create a smart finish. This cleverly designed L shape space also has a separate area for a sofa or extra dining table and provides access to the home working office. There is a ground floor utility room with space and provisions for multiple white goods and a w/c under the stairs. To the first floor are five generously sized bedrooms with four comfortably fitting a large double bed alongside various other bedroom furniture. The main bedroom has west facing views and also features a contemporary en-suite including a corner shower, toilet and hand wash basin. The family bathroom has been fitted with a bath with overheard shower, toilet and hand wash basin.

External To the front of this imposing home is a pebbled driveway providing off road parking for multiple vehicles. The rear garden has been lovingly matured over the years and cleverly landscaped to allow for multiple different areas of usage. The top of the garden has been laid with paving to create a patio perfect for an outdoor table and chairs, the rest has been laid to lawn with planted borders surrounding the boundaries and a potting shed.

Situated in a highly sought after road in the Thomas A Becket area of Worthing. Local shops are available within a short walk from the property at either Rectory Road or Broadwaters main high street. Falling under the popular Thomas A Becket and Broadwater C of E Primary school catchment area the road is very popular with families of all ages. Both Worthing and West Worthing Stations are easily accessible by foot or by car. Buses run along nearby Wiston Avenue or Poulters Lane.



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

£ 662700

Mortgage Loan to Value

%

Gross Yield

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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
    £ 20000
  • 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

£ 62700
  • 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.

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