4 bedroom detached for sale

£1,900,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

A beautiful Grade II ' Listed 4 bedroom home with origins said to date back to the 14th Century, that has been extensively modernised in a manner that seamlessly blends with the character and ambience of the original house, with restored beamed ceilings and floorboards, and magnificent Inglenook fireplaces being just some of the lovely original features.

Slipe sits a delightful, landscaped gardens of approximately 1.5acres with the property set back in the plot and approached by a long driveway with a lovely natural lake in the foreground and an outlook over onto open fields and countryside at the rear. Situated in the pretty village and civil parish of Twineham on a lovely country lane, the property offers the perfect opportunity for purchasers looking for a home that is surrounded by Sussex countryside whilst providing good access to London and other surrounding area, either by road or rail.

The interiors of Slipe have been modernised using traditional materials and a wonderful Orangery has been added that is one of the main features of the ground floor accommodation with extensive oak framed windows looking over the gardens and grounds, and tiled flooring with underfloor heating. The ground floor offers four of the original reception rooms and has lovely restored beamed ceilings throughout with magnificent Inglenook fireplaces in both the sitting room and dining room.

The Cottage kitchen is a spacious and well-proportioned room that has been remodelled with handmade Oak units and Granite work surfaces, and unfloor heating. The ground floor accommodation also offers a snug and a study providing additional family living spaces and there is an also a well-designed shower room with underfloor heating and utility room on the ground floor.

There are two staircases to the first floor which provides an impressive 18ft principal bedroom with an en suite bathroom, plus three further well-proportioned bedrooms and a spacious family bathroom/shower room with freestanding bath.

The dual access to the first floor allows for a degree of independent family living with one bedroom providing the perfect space for an office or study if required.

The gardens are beautifully landscaped with the house itself occupying a central position towards the end of the plot with paved terraces surrounding 3 sides of the house, ideal for entertaining and enjoying the changing vistas throughout the day. There are large areas of lawn and a number of ancient oak trees, shrubs and plants, a kitchen garden area and fruit trees. The brick-built garage is accessed by a long and sweeping driveway that provides parking for numerous additional vehicles.

The village of Twineham is approximately 1 mile from the A23 that provides access to London and Gatwick airport to the north and Brighton to the south. Mainline railway stations are available at Burgess Hill and Haywards Heath and there are several popular private schools within easy reach that include Hurstpierpoint College.

Burgess Hill School for girls and Lancing college with Twineham itself having a C.E primary school a short distance away. One of the main features of this lovely location is its proximity to the South Downs National Park which provides many miles of beautiful walks and bridle paths. The villages of Cowfold, Bolney and Henfield cater for most daily needs and more extensive shopping can be found at Haywards Heath, Burgess Hill, Horsham and Brighton.

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

£ 1614450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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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
    £ 47500
  • 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

£ 189450
  • 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

Adjust these figures

  %

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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