Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,100,000 Guide Price
Bedrooms
Bathrooms
INTERNAL
Arranged over two floors this spacious home offers everything a family needs. The accommodation is very versatile and comprises on the ground floor a reception hallway, through lounge dining room overlooking the rear garden, a separate living room to the front of the home, and a spacious kitchen/dining/family room at the rear which is the hub of the home. At the back of this room is a handy coats area and downstairs shower room with w/c. Stairs from the hallway lead up to the spacious first floor landing, the four good size bedrooms, the family bathroom, and a separate shower room.EXTERNAL
The rear garden is a real feature of the home with that ever sought after westerly aspect. The garden is mainly laid to lawn with two separate patio areas all set up for outside dining and entertaining. At the rear of the garden is a very spacious cabin with bi-folding doors. This rom as a multitude of uses and could be used as a summer house or home office. At the front are formal gardens and off road parking leading to a very handy storage room.LOCATION
Coleman Avenue is brilliantly located off New Church Road and close to Wish Park, sought after schools, Hove seafront, and moments from shops, cafes, restaurants, and pubs. Hove, Aldrington, and Portslade stations are all close by, as are frequent bus routes, making this area ever popular for families and commuters alike.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.
The Property has been saved to your favorites
/ 5
It's quick and easy
