5 bedroom terraced for sale

£1,000,000

5

Bedrooms

2

Bathrooms

Floorplan

SOLD OFF MARKET!

Newly built in 2019, this fabulous house presents a lifestyle of unparalleled luxury and contemporary refinement and spans over three meticulously designed floors.

The heart of the home unfolds with a vast kitchen, exuding modern opulence with its sleek design and premium appliances. Steps lead you down to a captivating living and dining area boasting double-height ceilings that create an awe-inspiring sense of space and grandeur. Sunlight cascades through sliding doors that seamlessly transition to a rear courtyard garden, inviting the outdoors in.

Ascending to the first floor, the versatility of the layout becomes apparent. Currently utilized as an additional lounge, the first bedroom presents a serene escape with boundless potential for various uses. A well-proportioned double bedroom continues the theme of elegant design and expansive natural light. A contemporary bathroom on this level offers a sanctuary of comfort and modern amenities.

The top floor unveils three further bedrooms, each meticulously designed to embrace the essence of modern living. The primary bedroom stands as a pinnacle of luxury, complete with an ensuite bathroom for unparalleled indulgence! The remaining two bedrooms continue the narrative of space and style, ensuring every resident enjoys their personal space.

Throughout the house, the ambiance is enhanced by wooden flooring and a neutral decor palette, infusing a sense of continuity and understated elegance that complements any style of furnishings.

This exceptional residence offers the rare convenience of a private, secure allocated underground parking space within the adjacent block of flats.

Located in Osmond Road, Hove, this address enjoys proximity to a vibrant array of amenities, including local shops, cafes, and parks, along with excellent transport connections and fantastic schools.

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

£ 818950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • 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

£ 68950
  • 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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