4 bedroom detached for sale

£1,150,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

1,150,000 - 1,250,000

Situated in the sought-after area of Hove Park, Goldstone Crescent offers a beautifully presented, detached four-bedroom family home, thoughtfully extended and refurbished to create the perfect balance of modern open-plan living and cosy comfort.

Set back from the road, the property enjoys a generous plot with a good-sized front driveway offering ample parking and access to a garage.

Step inside to an impressive and contemporary open-plan kitchen/dining/living area, ideal for both everyday family life and entertaining. The space is flooded with natural light thanks to large sliding doors that open out onto the rear garden, seamlessly connecting the indoors with the outdoors.

The kitchen is finished to a high specification with modern integrated appliances, sleek cabinetry, a central breakfast bar, and a hidden utility room, keeping everything neatly tucked away.

To the front of the house is a snug separate living room, perfect for relaxed evenings, and a convenient downstairs WC completes the ground floor.

Upstairs, youll find four spacious double bedrooms, ideal for growing families or those needing home office space. The principal bedroom benefits from its own en-suite shower room, while the other bedrooms are served by a modern family bathroom.

The rear garden is generous and well-maintained, offering plenty of space for outdoor dining, childrens play, or simply relaxing in the sun. The front driveway provides parking and leads to an attached garage, ideal for storage or additional parking. Other benefits include a loft above the garage and side access.

The property occupies a pleasant setting in a slip road just off Goldstone Crescent, with a lovely elevated aspect and diagonal views across to Hove Park.

Goldstone Crescent is a prominent residential street in Hove, known for its desirable location and diverse property offerings. The crescent runs adjacent to Hove Park, providing residents with easy access to green spaces, recreational facilities, and scenic views.

The location for families prioritising education, offering proximity to a diverse range of well-regarded schools catering to various educational needs and age groups. Its central position within Hove ensures easy access to several outstanding primary and secondary schools.



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

£ 950200

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
    £ 28750
  • 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

£ 87700
  • 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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