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£700,000
Bedrooms
Bathrooms
We are delighted to offer for sale this spacious four bedroom detached family home with versatile living accommodation with further potential of extending, situated near popular Southwick Green
Ideally situated in quiet location not far from the historic Southwick Green with its interesting listed buildings and also within half a mile of comprehensive shopping facilities in Southwick Square and Southwick Railway Station. Further shopping facilities are available at the Holmbush Centre. Brighton and Worthing are to the East and West respectively, whilst the centre of Shoreham is approximately one and half miles away.SPACIOUS ENTRANCE HALL North and South aspect. Comprising frosted double glazed composite front door, pvcu double glazed door leading to rear garden, double glazed window, vinyl flooring, radiator, wall mounted light.
BEDROOM FOUR/POTENTIAL ANNEXE North aspect. Comprising pvcu double glazed door leading out onto patio area, carpeted flooring, wall mounted lights, radiator, opening through to:-
WALK IN WARDROBE Comprising range of storage shelving and hanging rails, recessed spotlights, carpeted flooring.
LARGE INTERNAL HALLWAY Comprising dado rail, vinyl flooring, radiator, stairs to first floor, under stairs storage cupboard.
OPEN PLAN KITCHEN North aspect. Comprising vinyl flooring, fitted range of matching eye and base level units with roll edge work surfaces, inset four ring gas hob with extractor fan over, fitted eye level double oven, matching integrated dishwasher, inset stainless steel one and a half bowl single drainer sink unit with mixer tap, tiled splashbacks, coving, radiator, space for freestanding American style fridge/freezer, opening into:
CONSERVATORY EXTENSION With Brick Built Base, Comprising vinyl flooring, pvcu double glazed windows, pvcu double glazed door to rear garden.
SPACIOUS LOUNGE South aspect. Comprising pvcu double glazed bay window, carpeted flooring, radiator, feature inset fire, built in cupboard into recess, coving.
SEPARATE DINING ROOM Double doors from Lounge, door to Internal Hallway. South aspect Comprising pvcu double glazed bay window, carpeted flooring, radiator, coving.
CONTEMPORARY GROUND FLOOR BATHROOM East aspect. Comprising obscured glass pvcu double glazed window, vinyl flooring, panel enclosed bath with integrated shower over, chrome ladder style towel rail, low flush wc with hidden cistern, hand wash basin with vanity unit below, fully tiled walls, built in storage cupboards.
FIRST FLOOR LANDING Comprising carpeted flooring, dado rail, feature window.
BEDROOM ONE South aspect. Comprising pvcu double glazed bay fronted window, carpeted flooring, fitted wardrobe with various hanging rails and shelving units, radiator.
BEDROOM TWO North aspect. Comprising pvcu double glazed window, velux window, carpeted flooring, doors into eaves storage.
BEDROOM THREE East aspect. Comprising two pvcu double glazed windows, carpeted flooring, radiator.
MODERN FITTED SHOWER ROOM Comprising velux window, vinyl flooring, low flush wc, hand wash basin with vanity unit below, walk in shower cubicle with integrated shower, chrome ladder style towel rail, part tiled walls.
FRONT GARDEN Having mature shrubs and bushes, laid to hardstanding providing off road parking for multiple vehicles.
REAR GARDEN Pathway leading to expansive lawn area, having pathways and decked area to the rear, gate to side access, steps up to side patio area with timber built shed leading around to
SIDE GARDEN Large patio area with space for table and chairs leading onto large artificial lawn area, steps down to gate to side access.
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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