4 bedroom detached for sale

£1,250,000 Offers over

4

Bedrooms

2

Bathrooms

Floorplan

We are delighted to offer for sale this fantastic opportunity to acquire this uniquely designed house situated on this favourable position benefitting from sea/river and distant views of the South Downs.

Situated on the favoured Old Fort Road being less than 200 yards of access to Shoreham Beach and the Foreshore. There is a footbridge under half a mile away which leads over the River Adur to Shoreham Town Centre which boasts popular bars, cafes, shops and restaurants along with a Health Centre, Library and a Mainline Railway Station.

Motorised security gates into large paved patio front garden leading obscure glass floor to ceiling front door into:-

SPACIOUS ENTRANCE HALL West aspect. Comprising obscure glass floor to ceiling windows, wood effect laminate flooring, radiator, recessed spotlights.

TRIPLE ASPECT SPACIOUS KITCHEN/BREAKFAST ROOM East, South and West aspect. Comprising three double glazed windows, tiled flooring, Quartz work surfaces with matching upstands having modern fitted cupboards and drawers below, multiple tall storage cupboards, inset one and a half bowl single drainer sink unit with mixer tap, radiator, recessed lighting, inset eye level Lamona microwave and single oven below, inset five ring gas hob with tiled splashback and contemporary extractor fan over, space for American style fridge/freezer, door to rear garden, door to Lounge.

SPACIOUS LOUNGE North and South aspect. Wooden and glazed double doors from entrance hall, wood effect laminate flooring, three radiators, recessed lighting, feature inset electric fireplace with wooden mantle over, window overlooking internal courtyard, sliding double glazed door out to rear garden, door to kitchen, door to vestibule. Steps leading up to:-

SUN ROOM South and East aspect having impressive views over the historical Shoreham Fort and towards the sea. Comprising floor to ceiling double glazed window and sliding doors out to rear garden, double glazed roof with fitted blinds, wood effect laminate flooring, double doors through to Dining Area.

DINING AREA North and East aspect having impressive views over the historical Shoreham Fort and towards the sea. Comprising wood effect laminate flooring, large double glazed window, two feature port hole windows, radiator, coving, recessed lighting, steps down to vestibule, stairs to First floor.

INTERNAL HALLWAY East and South aspect. Comprising wood effect laminate flooring, double glazed windows overlooking internal courtyard, storage cupboard with shelving and lighting, further storage cupboard with built in shelving also housing electric fuseboard, storage cupboard housing Megaflow hot water cylinder, radiator, dado rail, recessed lighting, door to internal courtyard, coving.

DOUBLE ASPECT BEDROOM THREE West and North aspect. Comprising two double glazed windows, wood effect laminate flooring, radiator, recessed lighting, two wall mounted lights, two built in double wardrobe cupboards, coving.

GROUND FLOOR BATHROOM North aspect. Comprising obscure glass double glazed window, tiled flooring, fully tiled walls, step in shower cubicle with integrated shower, corner jacuzzi bath with mixer tap and shower attachment, built in vanity with hidden cistern low flush wc and twin basins with mixer taps,. Wall mounted heated towel rail, recessed lighting.

BEDROOM FOUR East aspect. Comprising double glazed window, wood effect laminate flooring, radiator, recessed lighting, coving.

BEDROOM TWO East aspect. Comprising double glazed window, wood effect laminate flooring, radiator, two wall light fittings, fitted range of wardrobe cupboards and drawers, coving.

INTERNAL COURTYARD Laid to slate chippings, proving space for seating/table and chairs.

STUDY AREA West aspect. Comprising wood effect laminate flooring, large window overlooking internal courtyar, recessed lighting, radiator, door to lounge.

FIRST FLOOR LANDINGEast and West aspect. Comprising open wooden and frosted glass staircase leading to first floor, floor to ceiling double glazed window with roof top views and views down onto internal courtyard, further double glazed window with views towards the historical Shoreham Fort and towards sea, wall mounted security entryphone system, wall mounted heating controls, recessed lighting.

BEDROOM ONE East aspect. Comprising sliding double glazed door out to private balcony, wood effect laminate flooring, two upstanding wall mounted radiators, fitted range of wardrobe cupboards and drawers, door to:-

PRIVATE BALCONY North, East and South aspect. Having decked area with wooden balustrade, impressive views towards the River Adur, historical Shoreham Fort and the sea.

ENSUITE CONTEMPORARY BATHROOM West aspect. Comprising obscure glass double glazed window, tiled flooring, majority tiled walls, walk in shower cubicle with integrated shower and shower attachment, contemporary low flush wc, wall mounted hand wash basin with vanity unit below, panel enclosed Jacuzzi bath with mixer tap and shower attachment, wall mounted ladder style heated towel rail, recessed lighting.

TRIPLE ASPECT OPEN PLAN KITCHEN/LOUNGE AREA West, East and South aspect.

Comprising wood effect laminate flooring, two radiators, wall mounted upstanding radiator, recessed lighting, double glazed windows with roof top views, floor to ceiling windows with impressive views over historial Shoreham Fort, towards the harbour mouth and sea.

Kitchen Area: Comprising solid wood work surfaces with contemporary cupboards and drawers below, inset single drainer stainless steel sink unit with mixer tap, inset electric hob with oven below and contemporary extractor fan over, breakfast bar area.Double glazed sliding door out to:-

ENCLOSED BALCONY East and South aspect. Comprising glass balustrade with impressive views over River Adur, Kingston Beach, historical Shoreham Fort and to the sea, two floor to ceiling double glazed windows, wooden cladded ceiling with recessed lighting.

FRONT GARDENLarge paved patio area providing off street parking for multiple vehicles, feature sunken fish pond, two side access gates, variety of raised beds with mature shrubs and bushes.

REAR GARDEN Laid to paving with a variety for raised beds with mature shrubs and bushes, outside tap, gates to front, large greenhouse,.

INTEGRAL DOUBLE GARAGE - 5.23m x 4.93m (171' x 162')With motorised up and over door, benefitting from power and lighting.

COUNCIL TAX Band G

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

£ 1037700

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
    £ 31250
  • 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

£ 100200
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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