3 bedroom semi-detached for sale

£325,000

3

Bedrooms

1

Bathrooms

Floorplan

We are pleased to offer an extended, semi detached house. The property offers three bedrooms, lounge, kitchen/ breakfast room with utility area, conservatory and family bathroom. The house also benefits from garage to the rear of the garden and rear garden.

INTERNAL

Front door leading into the entrance porch with door leading into the lounge. The lounge offers dual aspect windows, gas fire and opening into the kitchen/ breakfast room. The kitchen/ breakfast room offers wall and base units, built in double oven, gas hob, sink, drainer, space and plumbing for under counter fridge, space and plumbing for dishwasher. Space for dining table, access to under stairs storage, opening into the utility area which has space and plumbing for washing machine, space for tumble dryer and space for under counter freezer. Doors leading out to the conservatory and doors leading out to the rear garden. On the first floor there are three bedrooms and access to the airing cupboard and loft hatch into the loft. The loft is a good size and has been laid to carpet. The primary bedroom offers built in wardrobes. The family bathroom comprises of bath with shower above, glass screen, vanity unit with wash hand basin and WC.

EXTERNAL

To the front it has been laid to lawn with pathway to front door. The rear garden has been laid to lawn with access to the garage via personal door. Access to the garage via Loxwood with up and over door.

SITUATED

On Arlington Crescent just off Old Worthing Road which runs from the A259, Littlehampton Road to Roundstone Lane. Bus routes run nearby on Old Worthing Road. The nearest train station is Angmering Railway Station which is located 1 mile away. Local shopping facilities are found nearby with ASDA superstore located under half a mile away. Haskins garden centre Roundstone is located just a short walk away.

COUNCIL TAX BAND

c

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

£ 270825

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
    £ 8125
  • 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

£ 27075
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message