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£400,000 Offers over
Bedrooms
Bathrooms
We are delighted to offer for sale this well presented and recently refurbished two bedroom semi detached bungalow benefitting from a South facing rear garden and off street parking.
Situated within walking distance of comprehensive shopping facilities that are available at the Holmbush Centre (Tesco and Marks & Spencer), whilst the centres of Shoreham and Southwick are both easily accessible via buses or Shoreham and Southwick train stations, offering links to London, Brighton and Worthing.Pvcu double glazed door into:-ENCLOSED STORM PORCH Obscured glass aluminium framed double glazed door through to:-
ENTRANCE HALLWAY Comprising wood effect laminate flooring, radiator, led spotlights, loft hatch access with loft ladder and benefitting from lighting.
BEDROOM ONE North aspect. Comprising pvcu double glazed window into bay, radiator, carpeted flooring, feature ceiling fan light.
BEDROOM TWO North aspect. Comprising pvcu double glazed windows into bay, radiator, coving, spotlights.
SHOWER ROOM East aspect. Comprising obscure glass pvcu double glazed window, large walk in shower cubicle with panel splashback having contemporary integrated shower with rainfall shower head, low flush wc and hand wash basin with mixer tap set into vanity unit, heated towel rail, vinyl flooring, extractor fan, spotlights.
OPEN PLAN LOUNGE/DINER/KITCHEN
South aspect. Lounge/ Diner Area: Comprising pvcu double glazed window, double glazed aluminium framed bi-folding doors out to rear garden, two radiators, working log burner, spotlights.
East aspect. Kitchen Area: Comprising pvcu double glazed window, roll edge wood effect laminate work top with matching base and eye line cupboards, white acrylic splashback, stainless steel sink and drainer with chrome mixer tap, integrated appliances include slimline Essentials dishwasher, Beko washing machine, inset four ring gas with electric fan oven below and extractor fan above. Space and provision for full size American style fridge/freezer. Cupboard housing Ideal combination boiler. Contemporary lighting, coving, large storage cupboard with shelving housing fuseboard and electric meter.FRONT GARDENLaid to hardstanding providing off street parking, lawn area with mature shrubs and bushes, path leading gate to rear garden,
SOUTH FACING REAR GARDEN Large patio area leading onto lawned area with mature shrubs and trees, two large storage sheds, side return to front.
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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