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£1,600,000 Offers over
Bedrooms
Bathrooms
Lewes Estates is proud to present a rarely available 5 bedroom, 4 reception room listed townhouse in the much sought after Priory Crescent on Southover High Street, Lewes. This property is arranged over five floors and total over 3300sqft. In need of some modernisation it is the ideal opportunity for new owners to put their own stamp on a new forever home. This much loved property has been owned by the same family for over 40 years and is now available for sale with no onward chain subject to grant of probate. With generous accommodation, high ceilings, period features, architectural intrigue and stunning views, this property is a must see.
From the front of the house there are views to the castle over the roof tops of the old town and from the rear there are views towards the Priory ruins and to the South Downs beyond. The house has parking for one car on the private road in front and a mature south facing rear garden.
Priory Crescent is situated in a superb town centre position, just minutes from Lewes mainline railway station with direct services to Brighton (in 20 minutes) and London (just over an hour). Set on one of the most historic and attractive streets in Lewes and a short walk to the bustling centre of Lewes.
Viewing of this magnificent property is highly recommended. Please contact our office today to arrange your appointment.
Lower Ground Floor - Lounge - 4.76 x 4.38 (157' x 144') - Sash window to front elevation, part glazed door to front (with external steps to street level), radiator, concealed fireplace, alcove storage cupboards.
Lower Ground Floor - Bedroom W/En-Suite - 4.08 x 3.17 (134' x 104') - Window to rear, radiator, built in alcove cupboard, door to shower room which includes a shower cubicle, pedestal basin, white low level WC, fixed storage shelves.
Lower Ground Floor - Kitchen - 2.75 x 1.41 (90' x 47') - Various wall and base units, two ring electric hob, space for undercounter fridge/freezer, laminate flooring and open shelves
Entrance Vestibule & Hallway - Inner porch with further glazed door to attractive hallway with believed to be original staircase rising to the upper floors. Doorways to the front and back of the reception room, the utility room, and an additional staircase to the lower ground floor.
Ground Floor - Reception Room - 8.90 x 4.85 (292' x 1510') - A large double aspect reception room with central arch, adjoining storage room, and double doors to access the garden.
Utility Room - 3.21 x 3.05 (106' x 100') - Spacious utility room with sink, wall and base unites for storage, space and plumbing for washing machine and tumble dryer, enclosed WC and single part-glazed door to garden.
First Floor - Drawing Room - 6.41 x 4.56 (210' x 1411') - Floor to ceiling windows, ceiling rose, open fire and marble surround.
Kitchen - 4.24 x 4.13 (1310' x 136') - Multiple wall and base units, 1.5 bowl sink, single over and grill, electric hob, space for fridge/freezer and dishwasher.
Dining Room - 3.31 x 3.19 (1010' x 105') - Double height in part with large windows overlooking the garden and beyond.
Second Floor - Bedroom - 4.49 x 3.11 (148' x 102') - Window to the rear, alcove cupboards and cast iron fireplace.
Second Floor - Bedroom - 4.15 x 3.20 (137' x 105') - Window to the front, alcove cupboards and cast iron fireplace.
Second Floor - Bedroom - 3.54 x 3.18 (117' x 105') - Window to front, small alcove cupboard.
Wet Room - Rainfall shower and handheld attachment, secure safety seat, wash hand basin, low level WC, wall cupboard, tiled walls and laminate floor with drainage.
Artist Studio - 3.30 x 3.18 (109' x 105') - Glazed door to open balcony studio area, with picture window to rear.
Third Floor - Master Bedroom - 6.09 x 4.08 (1911' x 134') - Large Velux to the rear and small dormer to the front, built in wardrobes and eaves storage
Bathroom - Built in bath, low level WC, pedestal sink, heated towel rail and window to the front.
Outside - Sunny south facing rear garden with paved patio area next to the house, pond, mature trees and shrubs and rear gate providing access.
Map location is not available for this property.
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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