4 bedroom detached for sale

£1,150,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

We are delighted to offer for sale this extended and beautifully presented three/four bedroom detached house situated in this extremely desirable location.

Conveniently situated within minutes of Shoreham mainline railway station and the Town Centre with its comprehensive shopping facilities, health centre and library which are all just a short walk away. There is a footbridge at the end of East Street over the River Adur to Shoreham Beach, and pleasant walks and rides nearby over the South Down or up the Adur Valley.

Pvcu double glazed door and smoked glass windows, through to:-

SPACIOUS ENTRANCE HALL Comprising solid oak wood flooring, feature dado rail, coving, ceiling rose, radiator, wall mounted heating control panel, understairs storage cupboard, wall mounted alarm system.

GROUND FLOOR CLOAKROOM Comprising low flush wc, contemporary hand wash basin having mixer tap and vanity unit below, part tiled wall, wall mounted heated towel rail, extractor fan, sunken spotlights, coving, tiled flooring.

SEPARATE DINING ROOM West aspect. Comprising pvcu double glazed window with fitted shutter blinds, contemporary wall mounted radiator, coving, ceiling rose, opening to:-

EXTENDED OPEN PLAN KITCHEN/DINING ROOM South/East aspect. Comprising Quartz work surfaces with cupboards below, matching eye level cupboards, inset five ring Siemens induction hob with extractor fan over, integrated Neff twin ovens with warming drawers under, inset one and a half bowl bowl stainless steel single drainer sink unit with contemporary mixer tap and built in filter, space for American style fridge/freezer, integrated appliances including Siemens dishwasher and wine cooler. pvcu double glazed motorised skylight, sunken spotlights, coving, pvcu double glazed window with inset blinds, two wall mounted ladder style contemporary radiators, wall mounted heating control panel, solid oak wood flooring, island with Quartz work top having cupboards below, breakfast bar with seating for six, recessed shelving, integrated sideboard with cupboards under, recessed slide door leading into :-

EXTENDED OPEN PLAN LOUNGE/DINING ROOM / SUN ROOM Triple aspect, South/East and North/West aspects. Comprising two pvcu double glazed motorised skylights, pvcu double glazed bifolding doors with inset blinds, two further pvcu double glazed windows with inset blinds, pvcu double glazed leaded light window with fitted shutter blinds, wall mounted contemporary radiator , wall mounted ladder style contemporary radiator, wall mounted heated control panel, two wall mounted lights, feature fireplace with marble hearth having and inset coal effect gas fire.

UTILITY ROOM Comprising square edge work surfaces with inset sink and mixer tap, range of fitted cupboards, space and plumbing for washing machine and dryer, wall mounted ladder style radiator, door to garage, door to kitchen, pvcu double glazed door with cat flap to rear garden, pvcu double glazed window.

OFFICE ONE Double aspect being South/East. Comprising pvcu double glazed window and door leading out to rear access, further pvcu double glazed window with fitted blind, coving, sunken spotlights, radiator, recessed shelving.

OFFICE TWO West aspect. Comprising pvcu double glazed window with fitted blinds, coving, sunken spotlights, recessed shelving, radiator.

FIRST FLOOR BALUSTRADE LANDING East and West aspect. Comprising pvcu double glazed leaded light window with fitted shutter blinds, further pvcu double glazed windows with fitted blinds, feature dado rail, coving, two ceiling roses, radiator, large airing cupboard with hanging rail and slatted shelving, loft hatch access.

ENSUITE BEDROOM ONE West aspect. Comprising pvcu double glazed leaded light window with fitted shutter blinds, radiator, fitted wardrobes with hanging rail and shelving having integrated dressing table and spotlights, matching built in sideboard and bedside tables, ceiling rose, door to:-

ENSUITE SHOWER ROOM North aspect. Comprising smoked glass pvcu double glazed window, contemporary low flush wc, contemporary hand wash basin with vanity unit below, walk in shower cubicle being fully tiled having an integrated shower with shower attachment, ladder style heated towel rail, tiled flooring, fully tiled walls, sunken spotlights.

BEDROOM TWO West aspect. Comprising pvcu double glazed window with fitted shutter blinds, radiator, matching built in wardrobes with hanging rail and shelving, coving.

BEDROOM THREE South/East aspect. Comprising pvcu double glazed window, radiator, matching fitted wardrobes with hanging rail and shelving, fitted dressing table with spotlights, coving, ceiling rose.

IMPRESSIVE MODERN FAMILY BATHROOM Comprising contemporary hand wash basin with integrate mixer tap and Quartz surround with cupboards under, contemporary low flush wc, shower cubicle being fully tiled having an integrated shower with shower attachment, inset bath having Quartz surround, fully tiled walls, wall mounted heated towel rail, coving, sunken spotlights, smoked glass pvcu double glazed window.

FRONT GARDEN Large tarmacked area affording off road parking for approximately 6 vehicles, onto large lawned area with various mature shrub, tree and plant borders, three outside lights, gate to side access.

REAR GARDEN Large paved area onto large lawned area having various mature shrub, tree and plant borders, five wall mounted outside lights, outside tap, external power points, raised garden pond with rockery surround, brick built potting shed, timber built summerhouse, timber built shed, sunken garden pond with built in filter and rockery surround.

INTEGRAL GARAGE With double opening doors, four windows to side, having power and lighting, door to utility room.



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

£ 950200

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
    £ 28750
  • 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

£ 87700
  • 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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