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£900,000
Bedrooms
Bathrooms
We are delighted to offer for sale this charming period-style detached house. The property features three double bedrooms, three versatile reception rooms, two bathrooms, a fitted kitchen, and two utility rooms. Externally, it boasts two secluded rear gardens and ample off-road parking to the front, secured by double gates, providing both privacy and convenience.
INTERNAL
The front door opens into an entrance porch, featuring the original door leading into the main property. Inside, you are welcomed into a spacious dining hall with ample room for a large dining table. From here, there is access to an additional reception room, ideal as a second lounge or a ground floor bedroom, as well as a door to the ground floor bathroom, storage cupboards, the kitchen, and stairs leading to the first floor. The first reception room, accessed from the dining hall, boasts double doors opening out onto a private, secluded courtyard, a perfect retreat. The fitted kitchen offers a range of modern wall and base units, space for a breakfast table, a sink and drainer, and space for a Rangemaster cooker. There are doors from the kitchen leading to both the utility room and the lounge. The utility room provides space for a fridge/freezer, additional wall units, and direct access to the rear garden, along with an adjoining additional utility space. The dual-aspect lounge is filled with natural light and features a charming square bay window. Upstairs, the first floor comprises three double bedrooms and a bathroom. The property retains a wealth of original features throughout, adding character and charm to this wonderful home.
EXTERNAL
The property is tucked away in a secluded position off Lansdowne Road, accessed via a driveway that leads behind the main row of houses. Double gates open to the front of the property, offering ample off-road parking and attractively landscaped raised flowerbeds.The rear garden is thoughtfully divided into two sections: the first area is laid to shingle with a pathway leading to a second garden space, featuring well-stocked floral borders, an original flint wall, a timber shed, and plenty of space for outdoor furniture creating a peaceful and charming setting for relaxation or entertaining.
SITUATED
Situated on Lansdowne Road, this property enjoys an enviable location within easy reach of the Goring Road shopping facilities. West Worthing railway station is just half a mile away, offering convenient transport links, while the seafront is also under half a mile from the property. Worthing Town Centre, with its wide range of shopping amenities, restaurants, pubs, cinemas, theatres, and leisure facilities, is located within approximately one mile. Excellent bus services operate nearby on Mill Road and Heene Road, providing easy access to the surrounding areas.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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