3 bedroom semi-detached for sale

£599,950 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

DESCRIPTION
This attractive, extended semi detached property is well laid out and has many character features including decorative fireplaces, wood latch internal doors ,a wood burner, tiled ,wooden and carpeted floors and striking and ornate decorative external bargeboards. An impressive front door opens into an enclosed porch with a cloakroom fitted with toilet and sink, Leading through to a bright reception hall and reception room with fireplace and stairs leading to the first floor .There is a further reception room on this level which is triple aspect and has doors leading to the front paved patio area with beautiful views looking towards the downs, and this room also benefits from a designated dinning area leading to the adjoining kitchen which is fitted with a range of attractive shaker style wall and floor cabinets a built-in electric oven and ceramic hob, space and plumbing for a washing machine and dishwasher; from here a stable door leads to the side access of the property and the garden .On the first floor there are three double bedrooms one with en-suite,all bedrooms having the benefit of wardrobes /fitted cupboards. In addition there is a good size family bathroom .



OUTSIDE The property benefits from front and side garden, mainly laid to lawn with some flower beds and shrub borders and various trees.Off road parking for two cars ("A space which lends itself to creating a barn style double garage/port subject to PP.")



LOCATION 2 Bineham Lodge is situated in a sought after position just south of North Chailey and North of Chailey Green. North Chailey has a petrol station with a well equipped shop and South Chailey has a larger convenience store and post office. There is also a health centre and a popular public house. The property is conveniently positioned between Haywards Heath, Uckfield and Lewes which provide a more comprehensive range of shopping facilities and recreational amenities, together with mainline train stations serving London. The A275 leads to the A272 which provides easy access to the M23, M25, Gatwick Airport and London. There are also many well-regarded schools in the area including Chailey St Peters Primary School and Chailey Secondary School, Cumnor House School in Danehill and Lewes Grammar School.

TENURE & POSSESSION The property is offered freehold with vacant possession. No onward chain

Local Authority: Lewes District Council. Telephone: 01273 471600
www.lewes.gov.uk he council tax band for this property is D


EPC D

SERVICES ( Not Checked or Tested )
Mains Water
Shared Private Drainage
Electricity

Oil Fired Central Heating

EICR Valid until 10.06.2026


TOWN & COUNTRY PLANNING The property (notwithstanding any description contained in these particulars) is sold subject to any existing Town & Country Planning legislation and to any development plan, resolution or notice which may be in force and also subject to any statutory provisions or by-laws without any obligation on the part of the vendor or his agents to specify them.




DIRECTIONS (RH17 6PE) From the Shell garage in North Chailey, proceed in a southerly direction on the A275. After approx 0.7 miles, the property will be found on the right hand side, shortly after the entrance to Bineham Park Farm.

From the South the property is on the left just after Chailey Green and St. Peters Primary School at the top of the hill.


VIEWING Further details from the sole agents Martin & Co Burgess Hill RH15 0AD








































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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

£ 497658.75

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
    £ 14998.75
  • 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

£ 47696.25
  • 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

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  • Final Equity Profit
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    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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Final Property Value

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