4 bedroom detached for sale

£1,450,000

4

Bedrooms

3

Bathrooms

Floorplan

We are delighted to present this spacious 4 double bedroom detached family home in the much sought after Wallands area of Lewes. The current owners have extended and modernised the property to provide generous and tastefully designed and decorated living accommodation throughout.

Situated on the tree lined Gundreda Road, you have access to lovely walks on the South Downs nearby, whilst still being within a 20 minute walk of Lewes town centre and mainline station offering direct services to Brighton (in 20 minutes) and London (just over an hour)

Internally the property offers a spacious porch and entrance hall, a ground floor WC, study, double aspect sitting room, large open plan kitchen/dining/living area that accesses the rear garden and further utility room. Upstairs on the first floor there are three generous double bedrooms, one with large en-suite and also a family bathroom. The second floor has been converted to provide a master bedroom with ensuite and beautiful views towards the Downs.

Externally there is a driveway suitable for three cars, a pleasant front garden with mature privacy hedging and a desirable south facing flat rear garden with paved patio areas, lawn and mature trees and plants. Viewing is highly recommended to fully appreciate all that this superb property has to office. Please contact our office today to arrange your appointment.

Porch & Hallway - You enter the house into a pitched roof porch that opens to spacious hallway that runs the width of the property and has stairs ascending to the first floor. Past the ground floor WC you will find the office, and straight ahead are double pocket doors into the main Kitchen/Dining/Living room. The hallway also benefits from bespoke under stairs storage.

Kitchen/Dining/Living Room - 9.23 x 5.28 (303' x 173') - The Kitchen/Dining/Living room enjoys views over, and access to, the rear garden. This space has been beautifully designed to provide a dining area with built in seating, a spacious kitchen with island, and a further sitting area/snug with floor to ceiling built in storage. The fitted kitchen offers an array of under counter storage drawers, a full size integrated fridge/freezer, integrated dishwasher and rangemaster cooker with double oven, grill, and five ring gas hob. A sliding door takes you to the sitting room and there is an adjoining utility room.

Sitting Room - 6.46 x 3.33 (212' x 1011') - The cosy sitting room has a double aspect with large windows to the front and double door to access the garden at the rear. There is hard wood flooring, a log burning stove, and an array of built in cupboards and shelves.

Ground Floor Wc - Tastefully decorated cloakroom with tiled floor, white low level WC, and compact basin with storage under.

Office - 2.67 x 2.51 (89' x 82') - Wood effect flooring, large window to the front and built in desk.

Utility Room - 2.95 x 2.96 (98' x 98') - Generous space which features a large butler style sink with storage under. There is space and plumbing for an undercounter washing machine and tumble dryer. There are also tall fitted cupboards that house the boiler and water tank and offer further storage spaces. There is wood effect flooring and a window to the side.

First Floor Landing - The spacious landing has two windows to the front, small seating area, doors to all principle rooms and a further staircase to the second floor master suite.

Bedroom - 6.42 x 3.34 (210' x 1011') - An especially generous double bedroom with windows to both the front and rear.

Bedroom - 4.31 x 3.26 (141' x 108') - Double bedroom with window overlooking the rear garden, small walk in wardrobe and steps down to en-suite via sliding door.

En-Suite Bathroom - Tastefully designed with tiled walls and floor, bath tub with shower over, low level WC, wash hand basin with storage under and heated towel radiator. There are also privacy glazed windows to the front and rear.

Bedroom 4 - 3.65 x 3.01 (1111' x 910') - Double bedroom with window overlooking the rear garden.

Second Floor Master Bedroom - 4.86 x 4.81 (1511' x 159') - Two Velux windows to the front and a large dormer at the back that bathes the room in natural light and enjoys views towards the South Downs beyond. The bedroom further benefits from built in wardrobes with hanging space, shelves and concealed drawers.

En-Suite Bathroom - The generous en-suite bathroom has a tiled floor and walls, walk-in shower enclosure, built in bathtub, low level WC, and wash hand basin with storage under. There is also underfloor heating, a heated towel radiator and Velux window to the front.

Outside - Sunny south facing garden with storage lean-to storage on one side of the property, and a secure gate and side access to the other. The garden is mostly laid to lawn with a patio area next to the house suitable for dining and entertaining. There is a selection of mature shrubs and small trees. To the front of the property there is driveway suitable for three cars enclosed by mature hedging.

Map location is not available for this property.

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

£ 1212700

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
    £ 36250
  • 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

£ 125200
  • 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

Please enter a valid UK mobile number (e.g. 07123456789 or +447123456789)

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