5 bedroom detached for sale

£850,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

Conveniently situated in a Popular and Sought After Location on a Private Road next to Buckingham Park. Shoreham Town Centre can be found within 1 mile to the South with its comprehensive shopping facilities, health centre, library, along various shops, bars, cafes and restaurants along with a mainline railway station. From the High Street there is also a footbridge over the River Adur giving access to the Beach.

Smoke glass pvcu double glazed door through to:-

STORM PORCH Comprising tiled flooring, sunken spotlights, pvcu double glazed windows, pvcu double glazed door through to:-

SPACIOUS ENTRANCE HALL Comprising contemporary wall mounted radiator, solid oak wood flooring, understairs storage cupboard, two pvcu double glazed windows, cupboard with hanging rail and shelving.

SPACIOUS SEPARATE LOUNGE West aspect. Comprising pvcu double glazed bay window, two school radiators, solid oak wood flooring, picture rail, dado rail, feature working fireplace having granite hearth with attractive surround, double doors leading onto:-

SEPARATE DINING ROOM East aspect. Comprising pvcu double glazed double doors leading onto Conservatory. School radiator, solid oak wood flooring, picture rail, two wall mounted lights.

MODERN KITCHEN/BREAKFAST ROOM East aspect. Comprising pvcu double glazed window, granite work surfaces with cupboards below, matching eye level cupboards, inset one and a half bowl sink unit with contemporary mixer hot tap, matching granite splashbacks, recessed lighting, inset Bosch induction hob with contemporary extractor fan over, solid oak breakfast bar with seating for two, tiled flooring, ceiling mounted contemporary lights, sunken spotlights, integrated appliances include Hotpoint oven, warming draw, microwave, fridge/freezer and Bosch dishwasher.

TRIPLE ASPECT CONSERVATORY East, South and North aspect. Comprising pvcu double glazed windows, tiled flooring with underfloor heating, wall mounted light, sunken spotlights, pvcu double glazed double doors leading out onto rear garden.

SCOPE FOR SELF CONTAINED ANNEXE

INTERNAL HALLWAY:- Comprising tiled flooring, recessed storage space, door to:-

BEDROOM FIVE West aspect. Comprising pvcu double glazed window, radiator, laminate flooring, cupboard housing wall mounted electric meter, ceiling mounted fan light, door to:-

SHOWER ROOM Being part tiled having an integrated shower with shower attachment, recessed shelving, low flush wc, hand wash basin with vanity unit below, wall mounted heated towel rail, extractor fan, sunken spotlights, tiled flooring.

UTILITY ROOM East aspect. Comprising pvcu double glazed door, roll edge laminate work surfaces with cupboards below, matching eye level cupboard, provision for washing machine, space for dryer, inset stainless steel single drainer sink unit with mixer tap, part tiled splashbacks, fully tiled walls, wall mounted Vaillant system boiler, space for American style fridge/freezer, sunken spotlights.

FIRST FLOOR LANDING Comprising loft hatch access having a pull down ladder, being boarded and benefitting from power and lighting.

BEDROOM ONE West aspect. Comprising pvcu double glazed bay window with fitted blinds, two school radiators, laminate flooring, picture rail, fitted wardrobes with hanging rail and shelving, wall mounted coal effect electric heater.

BEDROOM TWO East aspect. Comprising pvcu double glazed window, radiator, laminate flooring, coving, fitted wardrobes with hanging rail and shelving.

ENSUITE BEDROOM THREE East aspect. Comprising pvcu double glazed window, radiator, door to:-

ENSUITE WC Comprising hand wash basin with vanity unit below, low flush wc, roll edge granite stone work surface with cupboard below, part tiled walls, extractor fan, sunken spotlights.

BEDROOM FOUR West aspect. Comprising pvcu double glazed window, radiator, eaves storage cupboard, fitted cupboard, laminate flooring, sunken spotlights.

MODERN BATHROOM Comprising smoked glass pvcu double glazed window, panel enclosed bath, recessed shelving, wall mounted heated towel rail, contemporary hand wash basin with vanity unit below, low flush wc, walk in shower cubicle being fully tiled with recessed shelving having integrated shower with shower attachment, sunken spotlights, extractor fan, tiled flooring.

FRONT GARDEN Large block paved area affording off road parking for approximately three vehicles.

GOOD SIZE SUN TRAP REAR GARDEN Large paved area onto artificial lawn, stepping up onto lawn area having various mature shrub, tree and plant borders, various palm trees, external power points, gate to side access. Decked area stepping up to raised swimming pool with built in swim jets, led lighting, heater and filter.

Timber built office housing swimming pool filtration system also benefitting from internet access, power and lighting.Timber built bar area benefitting from power and lighting, having work surface with inset stainless steel single drainer sink unit, shelving, wine fridge.Large raised pond with waterfall and built in filtration system.Timber built shed, greenhouse, wall mounted light, fence enclosed.

COUNCIL TAX Band E



Features
  • Freehold

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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

£ 703950

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
    £ 21250
  • 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

£ 66450
  • Mortgage Interest
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    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)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

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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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Final Property Value

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