5 bedroom semi-detached for sale

£1,100,000 Offers over

5

Bedrooms

3

Bathrooms

Floorplan

'' Sold off market ''

INTERNAL

Upon entering through the porch you are greeted by a light and spacious entrance hallway with original tile flooring. Situated at the front of the property we have the comfortable living room which enjoys an abundance of natural light, beautiful pine flooring, and a large bay window. This spacious family room also enjoys beautiful fireplace and original features.

The extended kitchen really is the heart of the house and offers a lot of flexibility, thoughtfully designed to maximise space and natural light, incorporating a large dining area with direct access to the rear garden. The fully fitted kitchen has an induction hob, breakfast bar, plenty of storage units, washing machine, dishwasher and large fridge freezer. Downstairs also has its own fully fitted shower room.

Moving upstairs to the first floor landing which has enough space for a small reading nook. The family bathroom is directly in front of you which has shower, full size bath tub, sink, vanity unit and WC. Two large double bedrooms and a smaller third bedroom, the bedroom to the rear of the property has built in wardrobes. The entire property is double glazed throughout and has been fully refurbished within the last 10 years.

Moving upstairs to the top floor we have two more bedrooms, one with great views out across the garden and the other with bespoke built in wardrobes and handy eave storage. There is also a shower room with sink and WC serving both bedrooms. The house also has off street parking for two cars.

This is fantastic property for those looking for their forever home, versatile accommodation, excellent schools and enough space for a growing family.

EXTERNAL

The enormous (approx 100ft) west facing garden is a real show stopper, this beautifully maintained garden has an array of trees and a small pond. The garden is so peaceful with just the sound of bird song and the sea, you will feel like you are in another world.

LOCATION

Transport | Aldrington Station 0.3 miles | Hove Station 0.6 miles | Portslade Station 0.5 miles

Schools | West Hove Primary | St Christophers School | Hove Park School & Sixth Form

Rothbury Road is situated in the popular area of New Church Road and Portland Road, with lots of local shops and the beach on your doorstep. The city centre shopping districts and parks are also within easy reach, and this home also offers easy access to Hove and Aldrington Train Stations with direct and fast links to Gatwick airport and London.

Features
  • Freehold

Map location is not available for this property.

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

£ 906450

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 27500
  • 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

£ 81450
  • 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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