2 bedroom semi-detached for sale

£495,000 OIRO

2

Bedrooms

PROPERTY DESCRIPTION Nestled on Pilmer Road, Crowborough TN6, this period semi detached house boasts two bedrooms, a front sitting room, and an office/second reception. The highlight is the large extended kitchen/dining room with fitted roof lights and access to a side patio and garden. A spacious conservatory adds to the charm. The master bedroom features fitted wardrobes, complemented by a large family bathroom. Planning permission is in place for future expansion to create a further master bedroom and en-suite to the side over the garage and an office to the rear half of the garage.

OUTSIDE SPACE The property offers a generous private garden with a terrace to the rear and down the side of the Kitchen, from the garden via a gate there direct access to Goldsmiths recreational Grounds and leisure facilities .
Off-road parking and garage access are available at the front.

CROWBOROUGH Crowborough, strategically positioned between London and the south coast, accessible via the A26 and Uckfield line from London Bridge, epitomizes East Sussexs scenic charm. As the regions largest and highest inland town, it resides within the pristine High Weald Area of Outstanding Natural Beauty, bordering the iconic Ashdown Forest. Nature enthusiasts revel in the towns bounty, embracing a plethora of walking trails, parks, and woodlands, offering tranquil escapes and adventurous explorations. Cycling, horse riding, and rock climbing opportunities dot the landscape, inviting outdoor enthusiasts to indulge in natures splendour.

At the heart of Crowboroughs community lies its leisure Center, a hub of activity featuring a swimming pool, gym, sports hall, and various recreational amenities catering to all ages. The towns commitment to recreation extends beyond, with numerous sports grounds, playgrounds, and skate parks fostering an active lifestyle. Cultural festivities, including the annual Summer Fair, Christmas events, and a dazzling fireworks display, orchestrated by Crowborough Town Council, infuse the town with warmth and camaraderie. The Crowborough Community Centre stands as a beacon of inclusivity, offering modern facilities for diverse community events, workshops, and celebrations, enriching the fabric of Crowboroughs communal life. Embrace the spirit of Crowborough and immerse yourself in its scenic beauty, vibrant culture, and welcoming community ambiance.

PLANNING Planning was granted 10/02/24 for a two storey extension at the side see link to planning portal ref
WD/2019/2620/F please call for drawing details.

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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

£ 411075

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
    £ 12375
  • 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

£ 39825
  • 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.

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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
    £

    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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