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£1,000,000 Offers over
Bedrooms
Bathrooms
We are delighted to offer for sale this completely unique opportunity to acquire this impressive four bedroom, two reception room detached house situated set back from the road.
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. There is a footbridge at the end of East Street over the River Adur to Shoreham Beach, and pleasant walks and rides nearby over the South Down or up the Adur Valley.EXPOSED STORM PORCH Front door through to: -
SPACIOUS ENTRANCE HALL Comprising oak wood flooring, radiator, understairs storage cupboard, sunken spotlights, wall mounted heating control panel, cupboard with hanging rail and shelving.
INTERNAL HALLWAY Comprising tiled flooring, cupboard with shelving.
GROUND FLOOR CLOAKROOM East aspect. Comprising obscure glass double glazed window, low flush wc, hand wash basin, tiled flooring, sunken spotlights, coving.
TRIPLE ASPECT SPACIOUS LOUNGE South, East and West aspect. Comprising three double glazed windows, radiator, oak wood flooring, sunken spotlights, fireplace having an inset dual fuel burner with granite hearth and oak mantelpiece, coving.
SEPARATE DINING ROOM North aspect. Comprising double glazed windows and double glazed doors leading out onto rear garden, oak wood flooring, coving, radiator with attractive wood surround.
DOUBLE ASPECT KITCHEN/DINER North and East aspect. Comprising two double glazed windows, double glazed door leading out onto rear garden, laminate work surfaces with cupboards below, matching eye level cupboards, part tiled splashbacks, inset four ring gas hob with oven below having an extractor fan over, inset stainless steel one and a half bowl single drainer sink unit with mixer tap, breakfast bar with seating for two, radiator with attractive wood surround, coving, matching integrated dishwasher, matching integrated fridge. Door to:-
SEPARATE UTILITY ROOM East aspect. Comprising double glazed window, roll edge laminate work surface with cupboards below, eye level cupboard, inset single drainer sink unit with mixer tap, provision for washing machine and dryer, space for fridge/freezer, coving, radiator.
FIRST FLOOR SPACIOUS LANDINGComprising loft hatch access, radiator, airing cupboard with slatted shelving housing factory lagged hot water tank.
ENSUITE BEDROOM ONE West aspect. Comprising double glazed window with fitted blinds, radiator, laminate flooring, fitted range of matching wardrobes with hanging rail and shelving, door to:-
ENSUITE SHOWER ROOM North aspect. Comprising double glazed velux window, contemporary circular hand wash basin with vanity unit below, eaves storage cupboard, wall mounted heated towel rail, walk in shower with integrated shower and shower attachment being fully tiled. Sunken spotlights, bamboo flooring.
DOUBLE ASPECT BEDROOM TWO South and North aspect. Comprising two double glazed windows, radiator.
BEDROOM THREE North aspect. Comprising double glazed window, radiator.
BEDROOM FOUR North aspect. Comprising double glazed window, radiator, laminate work surface with cupboard below, built in desk, loft hatch access.
FAMILY BATHROOM East aspect. Comprising obscure glass double glazed window, panel enclosed bath having an integrated shower, hand wash basin with vanity unit below, low flush wc, wall mounted heated towel rail, bamboo flooring, sunken spotlights, extractor fan.
FRONT GARDENLarge tarmacked driveway affording off road parking for three vehicles leading onto tiled area having various mature shrub, tree and plant borders, timber built double field gate, two gates giving access to either side of the property.
GOOD SIZE BEAUTIFUL MATURE SUN TRAP REAR GARDEN Large block paved area leading onto large lawned area having various mature shrub, tree and plant borders, sunken pond, timber built shed, greenhouse, raised decked area, two garden rooms.
INTEGRAL GARAGE Benefitting from up and over door, having power and lighting, double glazed window, scope to extend (stnpc).
COUNCIL TAXBand G
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.
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