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£850,000 Offers over
Bedrooms
Bathrooms
Positioned in this popular and quiet residential road in West Worthing, Jacobs Steel are delighted to offer for sale this immaculately presented six bedroom semi-detached Victorian house which exhibits a wealth of original features and curb appeal. The property boasts five double bedrooms and a further large single, two reception rooms, two bathrooms, a contemporary open plan kitchen/dining room, off road parking for two/three vehicles and a west facing garden.
INTERNAL
Arranged over three floors, this tastefully renovated Victorian family home offers a wealth of original features and versatility within its accommodation. Through the ornate original arched front door and Milton tiled porch, the spacious ground floor comprises of a front separate living room, utility/cloakroom and open plan kitchen/dining room; this open plan space allows modern family living to work seamlessly with the charms of the original Victorian home. The newly fitted kitchen boasts contemporary charcoal units and white quartz worktops with space and provisions for a large freestanding cooker and American fridge/freezer, whilst offering ample space for a family dining table and lounging area. The original staircase leads to the first floor with three large double bedrooms and a spacious single bedroom. The family bathroom has been modernised with a deep navy blue finish against the contrasting white suite, including a bath with shower over, toilet and hand wash basin. On the top floor are two further bedrooms, both comfortably fitting double beds with the main bedroom measuring 167 x 146 and benefiting from an en-suite shower room and walk-in wardrobe.EXTERNAL
The wall enclosed front garden has mature planted borders and a paved front driveway allows off road parking for two/three vehicles and access to the rear garden via a side gate. The walled rear garden faces the favoured west aspect offering an Indian sandstone patio and area of lawn, enclosed by established trees and well-stocked flower beds.SITUATED
The property sits in a residential one-way street in desirable West Worthing, just a short distance from Worthing seafront. It is positioned 100 yards from a mainline train station with direct links to London and Brighton. Bus routes also run along the adjoining Tarring Road where you can find convenience stores and eateries. Worthing town centre with its comprehensive shops, restaurants and theatres is located approximately 1 mile away.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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