6 bedroom semi-detached for sale

£875,000

6

Bedrooms

3

Bathrooms

Floorplan

Conveniently situated within minutes of Shoreham mainline railway station and the Town Centre with its comprehensive shopping facilities, health centre and library which are all just a short walk away. Buckingham Park can be found within 180 yards, access to the River Adur can be found within a mile to the West providing pleasant walks. From Shoreham High Street there is a footbridge over the River Adur leading on to Shoreham Beach and the foreshore.

Private wooden front door through to:-

SPACIOUS ENTRANCE HALL West aspect. Comprising two feature leaded light windows, wooden flooring with underfloor heating and wall mounted thermostat, stairs to first floor, understairs cupboard, coving, recessed spotlights,

SEPARATE LOUNGE West aspect. Comprising pvcu double glazed window into bay with leaded lights fanlights, wooden flooring with underfloor heating and wall mounted thermostat, feature fireplace with fitted log burner, coving, single light fitting, wooden bi-folding doors through to Kitchen/Diner.

OPEN PLAN KITCHEN/DINER East aspect. Comprising tiled flooring throughout with underfloor heating and wall mounted thermostat, pvcu double glazed bi-folding doors to rear garden, feature skylight, recessed spotlights, two light fittings.

Kitchen area:- Fitted range of cupboards and drawers, space for Aga style cooker with extractor fan over, space for freestanding fridge/freezer, central island with inset one and a half bowl single drainer sink unit and mixer tap and storage below, breakfast bar area with seating for two and three ceiling mounted lights over.Door to:-

UTILITY ROOM East aspect. Comprising pvcu double glazed window, pvcu double glazed door to rear garden, tiled flooring, recessed spotlights, work top with space and plumbing below for washing machine and dryer, mounted heated ladder style towel rail, wall mounted Vaillant boiler, door to studio kitchen.

FIRST FLOOR LANDINGNorth aspect. Comprising feature wooden leaded light stained glass window, recessed spotlights, coving, carpeted flooring with underfloor heating and wall mounted thermostat.

BATHROOM East aspect. Comprising obscure glass pvcu double glazed window, wood effect tiled flooring, walk in shower area with integrated shower and shower attachment, low flush wc, feature contemporary bath with telephone style taps and shower attachment, contemporary hand wash basin set in open storage unit, wall mounted ladder style heated towel rail, part tiled walls.

BEDROOM East Aspect. Comprising pvcu double glazed window, built in range of cupboards and drawers, carpeted flooring with underfloor heating and wall mounted thermostat, coving, single light fitting.

BEDROOM West aspect. Comprising pvcu double glazed window with feature leaded light fanlights, carpeted flooring with underfloor heating and wall mounted thermostat, understairs recess, coving, single light fitting.

BEDROOM West aspect. Comprising pvcu double glazed bay window with feature leaded light fanlights, single light fitting, carpeted flooring with underfloor heating and wall mounted thermostat.

SECOND FLOOR LANDINGComprising velux window, two wall mounted lights, recessed wall shelving with lighting, recessed spotllights, door to eaves storage, carpeted flooring with underfloor heating and wall mounted thermostat.

BATHROOMNorth aspect. Comprising obscure glass pvcu double glazed window, velux window, contemporary pedestal hand wash basin with mixer tap, low flush wc, panel enclosed bath with mixer tap and shower attachment, majority tiled walls, tiled flooring.

DOUBLE ASPECT BEDROOM East and North aspect. Comprising two pvcu double glazed windows, carpeted flooring with underfloor heating and wall mounted thermostat, single light fitting.

BEDROOM East aspect. Comprising pvcu double glazed window, carpeted flooring with underfloor heating and wall mounted thermostat, single light fitting.

STUDIO

STUDIO LOUNGE West aspect. Comprising door to front garden, pvcu double glazed window with feature leaded light fanlights and fitted wooden shutters, wooden flooring, radiator, range of built in storage cupboards and drawers, recessed spotlights, coving, door through to:-

STUDIO KITCHEN North aspect. Comprising pvcu double glazed window, fitted range of cupboards and drawers, inset stainless steel sink unit with mixer tap, inset two ring gas hob with extractor fan over, built in oven with microwave over, space for undercounter fridge, wall mounted Vaillant boiler.

STUDIO BATHROOM East aspect. Comprising obscure glass pvcu double glazed window, panel enclosed bath with mixer tap and shower attachment over, pedestal hand wash basin, low flush wc, part tiled walls, tiled flooring.

FRONT GARDENLaid to hardstanding providing ample off road parking, various mature shrub and tree borders, gate to rear garden.

REAR GARDEN Large decked area leading onto lawned area, with various mature shrub and plant borders, with further lawned and shrub area to rear.

GARDEN OFFICE Comprising pvcu double glazed sliding door to rear garden, pvcu double glazed windows, recessed spotlights, carpeted flooring,

COUNCIL TAXBand E



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

£ 724575

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
    £ 21875
  • 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

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£

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

£ 68325
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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