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£750,000 Guide Price
Bedrooms
Bathrooms
We are delighted to offer for sale this opportunity to acquire this rarely available spacious extended four bedroom two bathroom semi detached Victorian family home built in 1898, situated in this popular Southwick Green location.
Situated in a sought after residential area just off Southwick Green being conveniently located within walking distance of comprehensive shopping facilities in Southwick Square also with Doctors Surgery, Library and Community Centre. The Railway Station is a short walk away as is access to the lock gates leading to the beach.Feature Victorian style tiled private pathway leading up to private wooden front door with feature stained glass windows leading to:-ENTRANCE PORCH Comprising Corsair matting, wooden glazed door through to:-
ENTRANCE HALL Comprising original feature decorative archway with Corbel mouldings, engineered oak wood flooring, understairs storage cupboard housing shelving and electric meter. Radiator, coving, single light fitting.
OPEN PLAN LOUNGE / DINING ROOMSouth/East aspect.
Lounge Area: Comprising pvcu double glazed sash windows into bay, engineered oak wood flooring, coving, single light fitting with decorative ceiling rose, original feature fireplace with gas fire insert with decorative wooden surround and attractive tiled hearth, dado rail, radiator.
Dining Area: Comprising engineered oak wood flooring, coving, radiator, dado rail, single light fitting.OPEN PLAN KITCHEN/DINING/FAMILY ROOMFormed from adding a side return wrap around extension to the original building, having the benefit of a pitched roof and cavity wall insulation.
Comprising four velux windows with recessed lighting, Quartz work surfaces with contemporary cupboards and drawers below and matching eye level cupboards, integrated appliances include inset five ring electric Stoves range style oven cooker with induction hob and extractor fan over, eye level Bosch microwave and Bosch dishwasher. Space and provision for American style fridge/freezer.Large 3.9m separate island with inset sink unit and mixer tap having storage below to both sides, three pendant light fittings, recessed lighting, tiled flooring, two radiators, Origin bi-folding sliding doors out onto feature rear garden with fitted remote control blinds, matching cupboard housing Worcester Bosch condensing combination boiler with Smart internet thermostat (Alexa enabled).FIRST FLOOR SPLIT LEVEL LANDINGComprising original built in Victorian storage cupboard with shelving, carpeted flooring, original feature decorative archway with Corbel mouldings, two pendant light fittings.
BEDROOM North/West aspect. Comprising pvcu double glazed sash window, single light fitting, radiator, carpeted flooring.
BATHROOM North/East aspect. Comprising two obscured glass pvcu double glazed sash windows, walk in shower cubicle with integrated shower attachment over benefitting from fully tiled walls, extractor fan, recessed lighting, freestanding roll top bath with telephone style mixer tap and shower attachment, contemporary wall mounted radiator/heated towel rail, hand wash basin with tiled splash backs, low flush wc.
Steps leading up to:-BEDROOM North/West aspect. Comprising double glazed sash window, radiator, original feature fireplace with decorative surround, carpeted flooring, single light fitting.BEDROOM South/East aspect. Comprising double glazed sash windows into bay, further sash window, two fitted wardrobe cupboards, carpeted flooring, radiator, single light fitting with decorative ceiling rose, coving.
SECOND FLOOR LANDINGNorth/West aspect. Comprising double glazed sash window, recessed spotlight, eaves access.
DUAL ASPECT MAIN BEDROOM North/West and South/East aspect. Comprising two double glazed sash windows, two velux windows, eaves access, built in storage cupboard over stairs, carpeted flooring, recessed lighting, radiator. Door to:-
ENSUITE SHOWER ROOM South/East aspect. Comprising velux window, shower cubicle with integrated shower attachment over, recessed lighting, extractor fan, hand wash basin with vanity unit below, tiled splash backs, wall mounted contemporary mirror with led lighting, low flush wc tiled flooring, ladder style towel rail.
FRONT GARDEN Laid to lawn with various mature shrubs, hard standing for off street parking, side access to rear garden.
OFFICE / UTILITY ROOM Comprising double glazed windows, power, lighting and internet connectivity, space and provision for washing machine and tumble dryer, wooden work surface with butler sink and mixer tap, low flush wc.
FEATURE REAR GARDEN Large paved patio area, raised wooden flower beds with various shrub, tree and plant borders, outside tap, outside light, leading further onto decked area with path to large lawned area having various mature shrub tree and plant borders. Being part fence and wall enclosed. Side return with paved pathway leading to access gate having shingle borders and outside light.
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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