5 bedroom detached for sale

£1,100,000 Offers over

5

Bedrooms

5

Bathrooms

Floorplan

We are delighted to offer for sale this impressive and unique five/six bedroom, two reception room detached house situated on the top of the South Downs within this sought after location benefitting from its own self contained annexe, boasting 2868 sqft.

Ideally situated on gently rising ground on the southern slopes of the South Downs, in this sought after residential area of North Shoreham. Old Shoreham with its Coaching Inn, St Nicholas Church and listed building is a few minutes walk away. The centre of Shoreham with its comprehensive shopping facilities, health centre, library and mainline railway station is approx 1 mile distant. The A27 is easily accessible for Worthing, Brighton and the A23 to Gatwick, London and beyond.

COVERED ENTRANCE PORCH Paved steps leading to wooden front door opening into:-

SPACIOUS ENTRANCE HALL South aspect. Comprising obscure glass pvcu double glazed window, two built in mirrored storage cupboards and built in window seat, tiled flooring, recessed lighting, door through to:-

INTERNAL HALLWAY Comprising tiled flooring, solid wood stairs to first floor, understairs storage cupboard, recessed lighting.

SECOND RECEPTION ROOM West aspect. Comprising pvcu double glazed window with fitted shutter blinds, tiled flooring, recessed lighting.

GROUND FLOOR WC Comprising obscured glass pvcu double glazed window, low flush wc, contemporary hand wash basin with mixer tap, contemporary part tiled walls, tiled flooring, recessed lighting, extractor fan.

LARGE OPEN PLAN KITCHEN/DINER/LOUNGE AREA East aspect. Part glazed wooden double doors from Hallway.

Kitchen Area:Comprising pvcu double glazed window with fitted shutter blinds, square edge work surface with fitted range of cupboards and drawers below, matching eye level cupboards, built double cupboard unit, two inset eye level ovens, inset gas hob with integrated extractor fan over. Separate island with one and a half bowl sink unit with integrated drainer into work top, cupboards below, breakfast bar area with seating for three, tiled flooring.Lounge/Dining Area;Comprising full width double glazed bifolding doors leading out onto feature rear garden, tiled flooring, built in media wall with various storage cupboards having space for wall mounted tv, recessed lighting. Door through to:-

UTILITY ROOM Comprising fitted range cupboards and drawers, matching eye level cupboards, inset sink with contemporary mixer tap, space and provision for washing machine, space and provision for dryer, additional built in storage cupboard, recessed lighting, extractor fan, pvcu double glazed door through to passageway leading out to rear garden.

FIRST FLOOR LANDING North aspect. Comprising obscure glass pvcu double glazed window, solid wooden stairs to second floor, storage cupboard housing mains central heating system, recessed lighting.

BEDROOM FIVE East aspect. Comprising pvcu double glazed window with fitting roller blind, carpeted flooring, recessed lighting, wall mounted air conditioning unit.

BEDROOM THREE East aspect. Comprising pvcu double glazed window with fitting roller blind, carpeted flooring, recessed lighting, wall mounted air conditioning unit, wooden bifolding door through to:-

ENSUITE SHOWER ROOM South aspect. Comprising obscure glass pvcu double glazed window with fitted roller blind, contemporary vanity unit with inset hand wash basin and hidden cistern low flush wc, tiled splash back, built in fully tilled shower cubicle with integrated shower, extractor fan.

FAMILY BATHROOM South aspect. Comprising obscure glass pvcu double glazed window, contemporary hand wash basin set in a vanity unit, tile enclosed bath with integrated taps and shower attachment, low flush hidden cistern wc, wall mounted ladder style heated towel rail, fully tiled walls, tiled flooring, recessed lighting, extractor fan.

BEDROOM FOUR WITH SEPARATE DRESSING ROOM AND ENSUITE West aspect. Comprising pvcu double glazed window with fitted shutter blinds, carpeted flooring, feature panel wall, recessed lighting, wall mounted air conditioning unit. Door through to:-

DRESSING ROOM West aspect. Comprising pvcu double glazed window with fitted shutter blind, fitted range of wardrobes some with mirrored doors, built in dressing table with drawers below, recessed lighting, opening through to:-

ENSUITE SHOWER ROOM Comprising step in shower area with integrated shower and shower attachment, vanity unit with inset hand wash basin and hidden cistern low flush wc, extractor fan, recessed lighting.

SECOND FLOOR LANDING North aspect. Comprising obscure glass pvcu double glazed window, built in storage cupboard, recessed lighting.

BEDROOM ONEEast aspect. Comprising two velux balcony windows having impressive views over Shoreham towards the sea and South downs, wall mounted air conditioning unit, carpeted flooring, eaves storage.

SHOWER ROOM South aspect. Comprising obscure glass pvcu double glazed window, low flush wc, step in shower area with integrated shower and shower attachment, wall mounted ladder style heated towel rail, hand wash basin with vanity unit below, tiled flooring, fully tiled walls, extractor fan.

BEDROOM TWO West aspect. Comprising two velux windows with impressive views over Shoreham towards the airport and onwards to the South Downs, wall mounted air conditioning unit, carpeted flooring, eaves storage,

ANNEXE West aspect. Comprising bifolding doors from garden into :-

LOUNGE/KITCHEN AREA West and North aspect. Comprising obscure glass pvcu double glazed window, bifold double glazed doors out to rear garden, laminate flooring, wall mounted air conditioning unit, recessed lighting.

Kitchen Area: Comprising solid wood work surface with fitted range of cupboards and drawers below, matching range of eye level cupboards, inset hob with extractor fan over and integrated oven below, inset stainless steel sink unit with mixer tap, recessed lighting, door through to:-

RECEPTION ROOM/BEDROOMWest aspect. Comprising pvcu double glazed window with fitted roller blind, laminate flooring, wall mounted air conditioning unit, opening through to:-

SHOWER ROOM East aspect. Comprising obscure glass pvcu double glazed window, hand wash basin with vanity unit below, hidden cistern low flush wc, walk in shower cubicle with wall mounted shower, wall mounted ladder style heated towel rail, majority tiled walls, laminate flooring, recessed lighting, extractor fan.

BEDROOM/OFFICE West aspect. Comprising pvcu double glazed window with fitted roller blind, laminate flooring, recessed lighting,

FRONT GARDENLaid to hardstanding providing off road parking for multiple vehicles, three outside lights, double doors into internal storage shed, fence enclosed.

FEATURE REAR GARDEN Comprising raised tiled patio area with glass balustrade having steps down to further patio area, sunken heated swimming pool with built in cover, leading onto large artificial lawned area, leading to further patio area and access to separate Annexe. Door leading to passage way into Utility room. Fence enclosed.



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

£ 906450

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
    £ 27500
  • 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

£ 81450
  • 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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