5 bedroom detached for sale

£1,350,000 Guide Price

5

Bedrooms

5

Bathrooms

Floorplan

Jacobs Steel Signature Presents Melita, A distinguished period residence of immense character, set within the highly sought-after Angmering-on-Sea Estate in East Preston Village. One of the original homes on this prestigious estate, Melita exudes timeless charm while offering breathtaking sea views from its upper floors. With over 4,000 sq. ft. of versatile living space, this rare opportunity presents an exceptional prospectperfect for a growing family, multigenerational living, or a luxury investment with income potential.

Boasting generous interiors, flexible layouts, and an enviable coastal setting, Melita is a home of distinction in one of the most coveted seaside locations.

Step inside to a magnificent reception space, where grandeur meets character. This double-height room is truly breathtaking, featuring a galleried landing, ornate ceiling, rich wood panelling, and a stunning brick-built fireplacea striking focal point and a wonderful space for entertaining or relaxing with family.

The reception rooms flow effortlessly from this central space, offering a variety of living areas to suit modern lifestyles. A dedicated study provides a quiet retreat for work or reading, while the south-facing garden roomwith its beautiful chequer-style period tiled flooris bathed in natural light. A cosy reception room with painted panelling and a fireplace with an inset electric burner offers warmth and intimacy. For added convenience, a modern shower room with a contemporary white suite is perfectly positioned near a separate side entrance, making it ideal for freshening up after a day at the beach.

The kitchen/diner is a true showstopper. The raised kitchen area is fitted with a sleek range of modern cabinetry, complemented by a substantial worktop, perfect for meal preparation and casual dining. A separate utility room provides additional functionality, with plumbing for a washing machine and ample space for a side-by-side fridge freezer. The spacious dining area offers ample room for large family gatherings, with garden views and direct access through two sets of doors. Completing the ground floor is a well-placed bedroom with direct garden access and an en-suite shower room, ideal for guests or multigenerational living.

Ascending to the first floor, the galleried landing is a standout feature, complete with a bespoke bookcase and a charming reading nook offering coastal views. The principal suite is a luxurious retreat, featuring tall ceilings, sea views, and an abundance of space. The en-suite boasts a freestanding contemporary tub, semi-pedestal sink, and WC, with obscure glazed doors leading to a private terrace. A walk-in wardrobe with ample storage completes this impressive suite.

Two further spacious double bedrooms offer unique aspects, ensuring privacy and comfort. The family bathroom embraces a classic traditional style, with a roll-top tub, basin, WC, and an electric mixer shower. A distinctive circular window beautifully frames the sea and garden views.

The top floor hosts a private bedroom suite, offering dedicated sleeping and dressing areas, along with an en-suite shower room. This floor also provides access to a walk-in loft, perfect for additional storage.

Externally this home excels, set behind tall, established hedging, the property enjoys a large carriage driveway, providing ample parking for multiple vehicles while ensuring privacy. A detached double garage with an upper floor is discreetly positioned within the plot, offering potential for conversion (subject to planning permission).

The rear garden is mainly lawned, enclosed by mature screening plants for seclusion. Terraced areas provide perfect outdoor dining spots, while a wooden pavilion adds a charming focal point for al fresco entertaining.

East Preston is a desirable coastal village known for its strong community spirit and excellent transport links. Angmering mainline station is within walking distance, providing direct services to London Victoria, Brighton, Portsmouth, and Southampton. Gatwick Airport, just 40 miles away, ensures effortless national and international travel.

The village itself offers a delightful mix of local amenities, including two pubs, Indian and Chinese restaurants, a fish and chip shop, a micro pub, two cafs, a mini-mart, a library, and a veterinary practice. The village green hosts a variety of events throughout the year, including a charming dog show. Local bus routes provide seamless connections along the coast to the larger towns of Rustington and Worthing.

Melita is a truly unique coastal home, blending historic charm, modern comfort, and exceptional versatility. With breathtaking sea views, elegant interiors, and vast potential, this rare opportunity is not to be missed.



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

£ 1125200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 33750
  • 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

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£

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

£ 112700
  • 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)
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  • Letting Fee
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  • Maintenance
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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