6 bedroom semi-detached for sale

£900,000 Offers over

6

Bedrooms

2

Bathrooms

Floorplan

We are delighted to offer for sale this unique and charming six bedroom semi detached house.

Conveniently situated within a minute or two of Shoreham mainline railway station and the Town Centre with its comprehensive shopping facilities, health centre and library. 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 Downs or up the Adur River Valley.

FEATURE ORIGINAL EXPOSED PORCH Comprising tiled flooring, ceiling mounted light, original front door with feature stained glass windows, through to:-

SPACIOUS ENTRANCE HALL Comprising tiled flooring, radiator, sunken spotlights, original feature cornicing, bespoke made to measure understairs storage cupboards.

GROUND FLOOR CLOAKROOM Comprising hand wash basin with vanity unit below, low flush wc, extractor fan, tiled flooring.

DOUBLE ASPECT SPACIOUS LOUNGE West and North aspect. Comprising large feature bay window having original sash windows and secondary double glazing, feature cornicing, two radiators, feature inglenook fireplace with built in seating, two feature stained glass windows, a working fire and tiled hearth.

SEPARATE DINING ROOM North aspect. Comprising feature bay window with original sash windows and secondary double glazing, radiator, laminate flooring, feature cornicing and picture rail, original feature working fireplace with tiled inserts and hearth, French doors leading onto:-

WELL EXTENDED OPEN PLAN KITCHEN/DINING ROOM

Comprising large feature skylight, granite work surfaces with cupboards below, matching eye level cupboards, space for Range cooker with extractor fan over, space for American style fridge/freezer, inset twin butler sink with mixer tap, provision for dishwasher, tiled splashbacks, wall mounted Ideal combination boiler, tiled flooring, sideboard with shelving, extractor fan, double doors leading out onto rear garden, sunken spotlights, serving hatch through toOpen Plan Dining Area: Breakfast bar having seating for approximately three, aluminium framed double glazed bi-folding doors being 4.3m (141') in width, laminate flooring, three contemporary wall mounted ladder style radiators, sunken led spotlights.

SEPARATE UTILITY ROOM Comprising glass bricks at ceiling level, sunken spotlights, laminate work surfaces with cupboards below, matching eye level cupboards, inset one and a half bowl sink unit with mixer tap, space for washer/dryer, extractor fan, wall mounted contemporary radiator, door leading out to side access and timber built shed.

Feature original staircase leading up to:- FIRST FLOOR SPLIT LEVEL LANDING Comprising sunken led spotlights, cupboard with slatted shelving, dado rail.

SEPARATE WC North aspect. Comprising frosted glass pvcu double glazed window, low flush wc, hand wash basin with vanity unit below, radiator, tiled flooring, extractor fan, sunken led spotlight.

BEDROOM ONE West aspect. Comprising large feature bay window with original sash window and secondary double glazing, radiator, coving, feature working fireplace, built in wardrobe with shelving, picture rail.

BEDROOM TWO East aspect. Comprising pvcu double glazed window with fitted shutter blind, radiator, coving, picture rail, original feature cast iron fireplace with tiled inserts, fitted wardrobe with hanging rail and shelving.

BEDROOM THREE East aspect. Comprising pvcu double glazed bay window with fitted shutter blinds, radiator.

BEDROOM FOUR West aspect. Comprising original sash window with secondary double glazing, radiator, picture rail.

LARGE FAMILY WET ROOM Comprising frosted glass pvcu double glazed window, integrated shower and shower attachment being majority tiled, panel enclosed bath with shower attachment, contemporary hand wash basin with vanity unit below, low flush wc, tiled floor with under-floor heating, part tiled walls, heated wall mounted mirror, contemporary heated towel rail, glass brick window to hallway, sunken spotlights.

SECOND FLOOR SPLIT LEVEL LANDINGComprising feature stained glass windows, dado rail.

WET ROOM North aspect benefitting from distant roof top and downland views. Comprising pvcu double glazed velux window, integrated shower with recessed shelving being fully tiled with under-floor heating, further fitted waterfall shower, extractor fan, contemporary hand wash basin with vanity unit below, low flush wc, sunken spotlights, contemporary wall mounted heated towel rail, heated wall mounted mirror, door to large walk in eaves storage room.

DOUBLE ASPECT BEDROOM FIVE North and East aspect. Comprising pvcu double glazed sash window with fitted blind, double glazed velux window with fitted blind, radiator, original cast iron fireplace.

DOUBLE ASPECT BEDROOM SIX West and East aspect benefitting from distant roof top and downland views. Comprising two pvcu double glazed sash windows with fitted blinds, two radiators, laminate flooring, fitted wardrobes with hanging rail and shelving, loft hatch access.

FRONT GARDENLarge block paved area affording off road parking for two to three vehicles having various plant and shrub borders, palm tree, gate to side access.

FEATURE REAR GARDEN Weinor glass roofed veranda having porcelain tiles, stepping down onto large lawned area, steps leading up onto decked area, various mature shrub, tree and plant borders, palm tree, timber built shed, outside tap, gate to side passageway leading to further timber built shed, two wall mounted lights, raised flower beds.



Features
  • Freehold

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

£ 745200

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
    £ 22500
  • 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

Adjust these figures

£

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

£ 70200
  • 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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