4 bedroom detached for sale

£950,000 Offers over

4

Bedrooms

2

Bathrooms

Floorplan

The original house is believed to have been built c1349 and extended c1772. Retaining may of its period features, including a gorgeous inglenook fireplace, crownpost roof truss, many glorious exposed timbers and doors, the whole home enjoying an historic tranquillity.

We believe this house is a medieval hall house, originally a timber frame on a stone base, now with brick infill, weatherboarding and tile hanging, under a Horsham Stone and tile roof.

Most of the principal rooms enjoy a southerly aspect and there are some distant views from the first floor windows towards the wooded Sussex countryside beyond.

This beautiful home is approached from a driveway at the front of the property, which also gives access to the eastern boundary of the grounds, giving further potential opportunity, subject to planning.

History

The property has been described by Nairn and Pevsner in 'The Building of Sussex' as a delightful mixture of sixteenth century brick and half timber farm, given a weatherboarded front probably c1800.

Dr Annabel Hughes, who is known for her study of local vernacular buildings, mentions that Easteds was probably the manor house of Nutham, which was an outlier of Applesham, in Coombes, near Shoreham.

It extended to approximately 150 acres when it was first mentioned in 1349, when it was held by William Bonnet. Dr Hughes mentions that the property is a four bay hall house, two bays of which were an open hall; at the beginning of the seventeenth century the chimney was butted against the outside of the hall bays and the hall floored over.

The outshot, which now comprises the kitchen, was then added. The main sitting room we believe is the original hall, which enjoys a beautiful inglenook fireplace, and charming beams adorn the whole room.

Accommodation

One of the main features of the home, which are rare to find, are the good ceiling heights throughout. Over the years the use of some of the rooms may have changed, the benefit being the flexibility of accommodation, offering the blend of period charm alongside contemporary living.

Currently the accommodation comprises a main sitting room with separate dining room, with two further rooms off the sitting room, one being a study and the other having flexible use.

The kitchen / breakfast room is at the rear of the property, walking through into the utility area and useful shower room with WC.

Moving to the first floor, the landing has magnificent exposed timbers, with the main bedroom of particular note with brick chimney breast, exposed roof truss and timbers, this room leading through to bedroom two. There are two further bedrooms and a separate family bathroom.

Outside

Outside, off the main driveway at the front, there is an open fronted timber framed garage with tiled roof and adjoining wood shed.

On the western side of the building, within the stone base, there is a restricted headroom cellar.

The farmhouse sits within pleasant gardens of just under half an acre, mainly lawn, with mature trees, shrubs and flower borders.

There are Horsham Stone paths, brick and tile outhouse and although the current listing on the property covers the curtilage, one could consider further planning, subject to the correct permissions and consents.

All main services connected.

Southwater is a thriving village on the outskirts of Horsham and offers a new village centre providing a range of shopping facilities that include a supermarket, library and veterinary practice as well as a caf, restaurant and village pub.

Southwater Country Park has 70 acres of lakes and paths close to the village centre. The Park contains a skate park, childrens adventure playground and Southwater Water Sports Centre with facilities for sailing and canoeing.

There is direct access to the Downs Link footpath/cycleway from the Park. The beautiful Christs Hospital School is nearby which houses the Bluecoat Sports Health and Fitness Centre. The village also has infant and junior schools, health centre and picturesque country park with lake and paths.

Southwater is close to the A24 which leads to the M23 and M25 with easy access to London and the South Coast. For those needing to commute, the nearby town of Horsham has a mainline station that has a direct line to Gatwick (17 minutes) and London Victoria (56 minutes).

360 tour available on request

Material Facts

Offers Over 950,000

Tenure: Freehold
Council Tax Band: Band G
Horsham District Council


EPC Rating D
Property Type: Detached Four Bedroom Grade II Listed Home
Mains Services: Gas/Electricity/Water/Drainage
Heating Type: Gas central heating to radiators

Further Info

Broadband information:
Between 5 Mbps and 10,000 Mbps
Fibre to the Property

Mobile Coverage: Good with o2, average with other providers

Parking Type: Garage and Drive

Flood/Erosion Risk:
River and Seas : Very Low
Surface Water : Very Low


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 Lifetime Legal. The cost of these checks is 65 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge is non-refundable under any circumstances.

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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

£ 775200

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
    £ 23750
  • 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

£ 62700
  • 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

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This is the percentage of the rent that you will spend maintaining the property.

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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.

£

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

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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