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£600,000 Offers over
Bedrooms
Bathrooms
We are delighted to offer for sale this impressive, versatile four bedroom two reception room detached chalet house situated in this sought after Shoreham location.
Conveniently situated within easy reach of local shops, schools and comprehensive shopping facilities at the Holmbush Centre. The centres of Shoreham by Sea and Southwick are both easily accessible and access to the South Downs can be found within a quarter of a mile via Upper Kingston Lane.Pvcu double glazed door through to:-DUAL ASPECT STORM PORCH South and west aspect. Comprising pvcu double glazed windows, radiator, tiled flooring, door through to:-
SPACIOUS ENTRANCE HALL Comprising radiator, under stairs storage cupboard, stairs to first floor landing.
GROUND FLOOR SHOWER ROOM North aspect. Two obscure pvcu double glazed windows with fitted roller blinds, shower cubicle being fully tiled having an integrated Mira shower, pedestal hand wash basin, low flush wc, wall mounted heated towel rail, extractor fan.
GROUND FLOOR BEDROOM FOUR West aspect. Comprising two pvcu double glazed windows with fitted blinds, radiator, coving.
SPACIOUS LOUNGE West aspect. Comprising pvcu double glazed bay window with fitted blinds, feature fireplace with solid oak wooden mantel and marble hearth with fitted wood burner, two radiators, coving.
GROUND FLOOR BEDROOM THREE East aspect. Comprising pvcu double glazed window with fitted blind, radiator, coving.
OPEN PLAN KITCHEN / DINING ROOM North and east aspect. Comprising two pvcu double glazed windows, pvcu double glazed door leading out onto side access, roll edge laminate work surfaces with cupboards below, matching eye level cupboards, part tiled splashbacks, inset four ring gas hob with Hotpoint oven below and extractor fan over, space and provision for appliances including washing machine/dryer, dishwasher and fridge/ freezer. Inset one and a half bowl stainless steel sink unit with mixer tap, two radiators, wall mounted Valliant combination boiler, sunken spotlights, coving.
FIRST FLOOR LANDING
BEDROOM ONE East aspect. Comprising pvcu double glazed window, radiator, built in wardrobe with a hanging rail.
BEDROOM TWO South aspect. Comprising large pvcu double glazed Velux window with fitted blind, radiator, two eve storage cupboards, matching fitted cupboards with hanging rail and shelving.
BATHROOM East aspect. Comprising obscure glass pvcu double glazed window, shower cubicle being fully tiled having an integrated shower, pedestal hand wash basin, low flush wc, fully tiled walls, wall mounted heated towel rail, recess shelving, extractor fan.
FRONT GARDEN Large block paved area affording off-road parking for approximately 3 + vehicles onto large lawned area being dwarf walled enclosed, wall mounted lights.
REAR GARDENLarge paved area onto large lawned area having various mature shrub tree and plant boarders, gate to side access, timber built shed, three wall mounted lights, wall mounted tap.
DETACHED BRICK BUILT GARAGE Having an up and over door, benefitting from power and lighting.
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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