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£725,000 Guide Price
Bedrooms
Bathrooms
725,000 - 750,000 '' Beautifully presented 4 bedroom BAY FRONTED period house situated in the SOUGHT AFTER Queens Park area of Brighton, close to popular local schools, cafes & shops. Fusing original features with a MODERN clean style, this propertys many highlights include; a STUNNING loft room, a grand open plan lounge with high ceilings, an extended contemporary OPEN PLAN kitchen/breakfast room which opens onto the rear courtyard garden & is available CHAIN FREE. Viewings are highly recommended. Energy Rating: D64 Exclusive to Maslen Estate Agents.
Hallway - Contemporary style radiator, ceiling coving, 2 x understairs storage cupboards one housing fuseboard & electric meter, doors to:
Open Plan Lounge/Dining Room -
Lounge Area - Double glazed sash bay window to front, fireplace with open chimney, contemporary style radiator, ceiling coving.
Dining Area - Ceiling coving, contemporary style radiator.
Open Plan Kitchen/Breakfast Room -
Kitchen - Comprising a range of wall & base units with granite work surfaces over, inset 1.5 bowl sink unit with mixer tap. SMEG range cooker with 6 ring gas hob, integrated fridge/freezer, integrated dishwasher, integrated microwave, space & plumbing for washing machine, part tiled walls, recess spotlights, double glazed skylight.
Breakfast Area - Space for table & chairs, school style radiator, double glazed double doors to rear garden, double glazed window to rear, double glazed skylight.
First Floor Landing - Recessed spotlights, doors to all rooms, stairs to top floor.
Bedroom - Sash window to rear, double radiator.
Bathroom - White suite comprising panelled bath with mixer taps & shower over, vanity sink basin with mixer taps, W.C with dual flush, radiator, part tiled walls, vinyl floor, sash window to side.
Bedroom - Sash window to rear, radiator, storage cupboard built into chimney recess.
Bedroom - Double glazed sash window to front, further double glazed window to front, radiator, ceiling coving.
Top Floor Landing - Doors to:
Bathroom - White suite comprising panelled bath with mixer tap & hand held shower head, vanity sink basin with mixer tap & cupboard under, W.C with dual flush, radiator with chrome towel rail, recess spotlights, double glazed window to rear.
Bedroom - 2 x double glazed Velux windows to front with views, double glazed window to rear, school style radiator, 2 x eaves storage, recess spotlights.
Outside -
Front Garden - Walled boundary, gate, path to front door.
Rear Garden - Paved rear garden with flowerbeds, seating area, walled & fenced boundaries.
Total Approx Floor Area - 1519 sq.ft. (141.1 sq.m.)
Parking Zone C -
Council Tax Band D -
V1 -
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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