4 bedroom detached for sale

£600,000

4

Bedrooms

2

Bathrooms

Floorplan

FEATURE '' DETACHED FAMILY HOME WITH OUTSTANDING VIEWS '' Elevated overlooking Saltdean towards the sea and downlands is this versatile family home. The property backs onto farmland and has plenty of potential throughout with its 4 bedrooms, 2 bathrooms, large garden, garage and spacious living area with panoramic views. Situated in a popular seaside town in East Sussex with easy access to Brighton with frequent bus links, this area is popular with families looking to live near the sea. VIEWINGS HIGHLY RECCOMMENDED TO AVOID DISAPPOINTMENT BY APPOINTMENT ONLY.

LOCATION The property is set in a quiet but elevated position in the popular seaside town of Saltdean. Within 10 minutes walk to the undercliff promenade with walks along the glorious Sussex coastline and pebbled beach towards the historic village of Rottingdean with its cafes and variety of boutique shops. Saltdeans famous landmark and recently redeveloped Saltdean Lido with outside swimming pool and internally hosting a caf, gym, library and open spaces for the community. Saltdean Park with its tennis courts, bowling green, green space ideal to walking the dog and playground.

If you want to venture further a field regular buses go from the town or seafront to Brighton and Eastbourne.

Saltdean has a very good primary school which caters for the whole area and lovely walks close by to the property over farmland and across the downs. Ideal for a family looking to settle down in this hidden gem on the Sussex Coast

PROPERTY DESCRIPTION As you step inside this property it doesnt take you too long to realise the beauty of the spacious living room with large dual aspect double glazed windows offering panoramic views over Saltdean towards the sea and farmland. The property has 4 bedrooms, 2 bathrooms and kitchen with space for table and 4 chairs. There is potential to improve the current property cosmetically and also subject to planning consent expanding the upstairs areas with a large walk in loft area.

The front garden which is terraced offers plenty of potential and hosts established shrubs, flowering hedges and plants with outside electric point and access to the side of the house. There is a small driveway and sizable garage ideal for storage. Stairs lead up to the front door and porch.

The rear garden which backs onto fields is a explosion of natural life with the garden enclosed by established trees and hedges. Stairs and plant bank rise up to a patio area ideal for dining in the warm summer nights. Lawn area with further wooden steps to a feature decked area again ideal for dining with views to farmland and summer house with power built in the last 10 years, offering a relaxing area with plenty of space for sofa. As the property is detached you have access to both sides of the property from the rear garden.

ROOM DETAILS The property comprises of the following rooms:

Stairs going up side of house to entrance door:

Front Porch - 161 x 39 Mainly double glazed windows through this light and bright porch with views over Saltdean towards farmland.

Entrance Hallway - 1510 x 55 Giving access to all ground floor hallway offers space under stairs for storage and a desk.

Living room - 150 x 119 A particular feature of the house is this bright and spacious living room with large double glazed picture windows with panoramic views over roof tops of Saltdean to farmland and sea. Radiator. BT and sky points.

Bathroom - 75 x 54 Renovated by the current owners the bathroom offers a white suite comprising of tiled walls with panelled bath and shower with mixer taps, hand wash basin with waterfall chrome tap, low level WC, electric heated towel rail, 2 frosted windows to rear.

Kitchen - 140 x 85 Range of wall and floor mounted units, worksurfaces, stainless steel sink with drainer, space for washing machine, electric range cooker and freestanding fridge freezer. Room for table and 4/5 chairs. Dual aspect double glazed windows overlooking rear garden and front of property with double glazed door to garden.

Bedroom 3 - 910 x 99 Double glazed window to rear garden, radiator.

Bedroom 4 - 118 x 101 Double glazed windows overlooking front porch with views over rooftops to farmland. Radiator.

Stairs leading from ground floor to:

First Floor landing - Small landing with access to all rooms, door to walk in loft area with water tank and wall mounted boiler. Potential for expansion subject to planning consents.

Bedroom 1 - 106 x 102 Spacious bedroom with double glazed windows overlooking rear garden towards farmland. Radiator.

Bedroom 2 - 99 x 83 Double glazed window overlooking rear garden and towards farmland. Radiator. Loft hatch with walk in loft area with potential subject to planning consents to increase size of room.

Shower Room - 510 x 57 Renovated by the current owners with built in shower cubicle with electric shower, hand wash basin, low level WC, radiator and frosted double glazed window to rear.
Outside

Front Garden mainly terraced areas with plants, established bushes and shrubs. Space to sit out and enjoy the beautiful sunsets. Electric socket and access to rear garden. Steps with railing to front door. Small driveway to garage.

Rear Garden on 2 levels with stairs and plant bank leading up to patio area and lawn leading to further raised area with wooden steps to decking and Summer house with electric. Enclosed by established trees and bushes for privacy. Wonderful views of farmers land to the rear and also from decking. Access to both sides of the house to the front. The garden is ideal to relax after a long summer day or ideal for entertaining with spaces for table and chairs with barbecue.

Single Garage with up and over door, light, power and tap. Ideal for storage.

Council Tax Band: D. Estimate for family is 240 per month.

EPC rating: C.

Please note the property needs improvement in places but offers plenty of potential to expand and is situated in a desired area within West Saltdean.

Disclaimer:

In accordance with the Estate Agency Act 1979, Martin & Co ( Burgess Hill & Brighton) would advise potential purchasers that this property is owned by a member of staff.



Identification checks Should a purchaser have an offer accepted on a property marketed by Martin & Co, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use an online service to verify your identity provided by HIPLA. The cost of these checks is 50 inc. VAT per purchase which is paid in advance, directly to HIPLA. This charge is non-refundable under any circumstances.

Features
  • Freehold

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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

£ 497700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 15000
  • 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

£ 47700
  • 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
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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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