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£900,000
Bedrooms
Bathrooms
We are delighted to offer for sale this rarely available and unique two bedroom two reception room semi detached bungalow situated within this impressive plot having breath taking views of the sea.
Situated in a sought after location near to The Harbour Club and close to the entrance to the historic Shoreham Fort. The property is also a couple of minutes walk from the Shoreham Beach Foreshore which is popular with water sport enthusiasts including wind surfing and kite surfing. The footbridge and most popular bars, cafes, shops and restaurants in Shoreham Town Centre are within easy reach, making it perfect if you are looking to live in a cosmopolitan and historic beach location.Front door through to:-TRIPLE ASPECT DINING ROOM South, West and North aspect. Comprising three leaded light pvcu double glazed windows with fitted blinds, two radiators, coving.
SEPARATE LOUNGE South aspect. Comprising leaded light pvcu double glazed window with fitted blind, radiator, feature brick built fireplace, original exposed beams, shelving.
DOUBLE ASPECT OPEN PLAN KITCHEN/BREAKFAST ROOM East and West aspect. Comprising leaded light pvcu double glazed window with roller blind, Beech work surfaces with cupboards below, matching eye level cupboards, inset single drainer sink unit with mixer tap, space for oven cooker, provision for dishwasher, part tiled splashbacks, original exposed beams, two wall mounted lights, space for American style fridge freezer, Beech work surfaces breakfast bar with seating for four, having cupboards under. Radiator, opening to:-
DOUBLE ASPECT SUN ROOM North and East aspect. Benefitting from breath taking sea and river views. Comprising pvcu double glazed windows, radiator, built in cat flap, pvcu double glazed door leading out onto raised decked area.
INTERNAL HALLWAY
CLOAKROOM North aspect. Comprising obscure glass leaded light pvcu double glazed window with roller blind, low flush wc, hand wash basin with vanity unit below, radiator, partly tiled walls, useful storage cupboard.
SECONDARY INTERNAL SPLIT LEVEL HALLWAYComprising radiator, pvcu double glazed door leading out to side access.
SPLIT LEVEL DOUBLE ASPECT BATHROOM North and East aspect. Comprising two obscure glass leaded light pvcu double glazed windows with fitted roller blinds, panel enclosed bath having an integrated shower over, hand wash basin with vanity unit below, low flush wc, radiator, part tiled walls, recessed shelving.
TRIPLE ASPECT BEDROOM ONE South, West and North aspect. Comprising three leaded light pvcu double glazed windows with fitted blinds, radiator.
BEDROOM TWO East aspect having breath taking sea views. Comprising leaded light pvcu double glazed window with fitted blind, radiator.
FRONT GARDEN Large block paved area affording off road parking for approximately three vehicles, paved walkway having various shrub and plant borders leading onto further paved area, outside tap, two wall mounted lights.
SUN TRAP REAR GARDEN Benefitting from breath taking sea and river views with impressive distant download views Raised decked area stepping down onto laid chipstone leading further onto large lawned area having various shrub, tree and plant borders, selection of palm trees. Secondary decked area stepping onto laid chipstone. Fence and wall enclosed.
BRICK BUILT DOUBLE GARAGE Having up and over door benefitting from power and lighting, pvcu double glazed door through to:-
WORKSHOP/UTILITY ROOM Comprising leaded light pvcu double glazed window, wall mounted light, provision for washing machine, space for dryer.
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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