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£390,000 Offers over
Bedrooms
Bathrooms
'' Offers In The Region Of 400,000 - 425,000 ''
We are delighted to offer for sale this versatile and extended four bedroom end of terrace house situated in this popular residential area
Situated close to the South Downs and within a few hundred yards of local shops and amenities, schools and Portslade leisure centre. Local buses provide regular services to Portslade Town centre and mainline railway station, Hove and Brighton. Access to the A27 / A23 and Old Shoreham Road is within a few minutes drive as is a Sainsburys superstore/Argos. The Holmbush Shopping Centre with Tesco/M&S & Next is approx 2 miles away to the West.
Double glazed door through to :-ENTRANCE HALL Comprising obscure glass pvcu double glazed window, radiator, wall mounted heating control panel.
DOUBLE ASPECT SPACIOUS LOUNGE East and North aspect. Comprising pvcu double glazed bay window, further pvcu double glazed window, radiator, feature fireplace.
BEDROOM FOUR/HOME OFFICE North aspect. Comprising pvcu double glazed window, radiator, sunken spotlights.
OPEN PLAN DOUBLE ASPECT KITCHEN/DINING ROOM Benefitting from impressive views over open fields and distant downland views. North and West aspect. Comprising roll edge laminate work surfaces with cupboards below, matching eye level cupboards, space for range cooker with extractor fan over, inset one and a half bowl sink unit with contemporary mixer tap, part tiled splashbacks, tiled flooring, space and provision for washing machine, dishwasher and fridge/freezer, understairs storage area housing wall mounted gas and electric meters. Breakfast bar with seating for two/three, radiator, pvcu double glazed window, pvcu double glazed door leading out onto side access, recessed spotlights.
FIRST FLOOR SPACIOUS SPLIT LEVEL LANDING Having recessed storage space.
ENSUITE MASTER BEDROOM ONE West aspect benefitting from impressive views directly overlooking fields towards the South downs. Comprising pvcu double glazed window, radiator, mirror fronted fitted wardrobes with hanging rail and shelving, recessed spotlights, door to:-
ENSUITE SHOWER ROOM Comprising pedestal hand wash basin, low flush wc, shower cubicle being fully tiled having an integrated Aqualisa shower, extractor fan, part tiled walls.
BEDROOM TWO East aspect. Comprising pvcu double glazed window, radiator.
BEDROOM THREE East aspect. Comprising pvcu double glazed window, radiator.
BATHROOM North aspect. Comprising obscure glass pvcu double glazed window, corner bath having a shower attachment over, low flush wc, pedestal hand wash basin, wall mounted heated towel rail.
SECOND FLOOR BOARDED LOFT ROOM Comprising two double glazed velux windows, wall mounted Ideal combination boiler.
FRONT GARDENLarge lawned area having various shrub and plant borders, shared driveway through to paved area affording off road parking for one vehicle.
GOOD SIZE WEST FACING REAR GARDEN Outside taps, timber built shed, large lawned area directly looking over fields and towards the South downs.
TENURE
Leasehold
GROUND RENT Approximately 50 per annumApproximate cost to buy the Freehold 2500COUNCIL TAXBand C
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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