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£1,000,000 Guide Price
Bedrooms
Bathrooms
We are delighted to offer for sale this spacious three bedroom detached house having the benefit of direct sea views with a private roof terrace.
Situated directly opposite the foreshore and close to local shops in Ferry Road. There is a footbridge close by over the River Adur giving direct access to the centre of Shoreham with its more comprehensive shopping facilities, health centre, library and mainline railway station. Buses pass close by, whilst the A259 East/West coastal route is easily accessible, as is the A27 to Worthing and Brighton.Pvcu double glazed door leading into:-ENCLOSED ENTRANCE VESTIBULE South aspect. Comprising pvcu double glazed windows and doors, two light fittings, coving, tiled flooring, wooden door into integral garage. Opening to :-
UTILITY SPACE North aspect. Comprising double glazed window, provision for washing machine, wall hung sink with tap over, single ceiling light fitting, wall mounted fuseboard and meters, tiled walls, tiled flooring.
HALLWAY North/West aspect. Comprising pvcu double glazed window, open staircase to first floor, wooden flooring, wall mounted Baxi Brazilia slimline heater.
DUAL ASPECT LOUNGE South and East aspect. Comprising pvcu double glazed bay window, pvcu double glazed window, single fan light fitting, coving, large feature log burner, radiator, opening into:-
DINING AREA/STUDY AREA Comprising coving, two contemporary light fittings, radiator.
TRIPLE ASPECT KITCHEN/DINING ROOM North, East and West aspect.
Kitchen area: Comprising double glazed window and door, roll edge granite work surface, contemporary fitted base and eye level units, integrated appliances include full size freezer, full size Bosch fridge, coffee machine, Neff grill/microwave oven, Neff fan oven, AEG induction electric hob, Bosch dishwasher. Inset one and a half bowl sink unit with integrated drainer and contemporary mixer tap, ceiling mounted directable spotlights. Breakfast bar with decorative overhanging pendant light fittings.Dining Area: West and North aspect. Comprising two pvcu double glazed windows, radiator, wall mounted Baxi Brazilia gas heater, contemporary pendant light fitting, wooden flooring.GROUND FLOOR WC West aspect. Comprising obscured glass pvcu double glazed window, low flush wc, wall mounted corner basin, recessed spotlights, part tiled walls.
FIRST FLOOR LANDING Comprising ceiling fan light fitting, window, carpeted flooring.
FIRST FLOOR CONSERVATORY Triple aspect. Comprising pvcu double glazed windows benefitting from direct sea views and distant coastal views, wall mounted light fitting with directable spotlights, tiled flooring, pvcu double glazed sliding door out to:-
ROOF TERRACE Having impressive panoramic sea views and distant coastal and Downland views.
DUAL ASPECT BEDROOM ONE South and East aspect benefitting from direct sea views. Comprising pvcu double glazed windows, radiator, two ceiling fan lights, built in wardrobes with hanging rails and shelving.
DUAL ASPECT BEDROOM TWO North and East aspect benefitting from distant roof top and downland views. Comprising pvcu double glazed windows, radiator, fitted double wardrobe, ceiling mounted light fitting with spotlights.
BEDROOM THREE East aspect. Comprising pvcu double glazed window benefitting from sea views, radiator, loft hatch access, built in storage benefitting from shelving, ceiling mounted light fitting with directable spotlights.
FIRST FLOOR FAMILY BATHROOM North and West aspect. Comprising two obscure glass pvcu double glazed windows, contemporary oval shaped panel enclosed bath mixer tap and shower attachment, low flush wc, bidet, hand wash basin with mixer tap and storage below, tile enclosed shower cubicle with electric Mira shower, radiator, part tiled walls, ceiling mounted light fitting.
WRAP AROUND REAR GARDEN Patio area with raised decked area, built in pond, fence enclosed, distant roof and downland views.
SOUTH FACING FRONT GARDEN Mature shrubs, driveway providing off street parking for three/four cars, partial dwarf wall enclosed
INTEGRAL GARAGE Benefitting from power and lighting and electric up and over roller door
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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