3 bedroom detached for sale

£800,000

3

Bedrooms

2

Bathrooms

Floorplan

Nestled within the charming Marine Terrace Mews is this STYLISH 3 double bedroom town house in the sought after Kemptown area of Brighton, close to the seafront, town centre & a selection of independent shops, cafes & restaurants. The highlights of this property include; the PRIVATE PATIO GARDEN with access to a further communal garden, the MODERN kitchen, EN-SUITE shower room, SPACIOUS reception room with high ceilings, a garage & is available CHAIN FREE. Viewings are highly recommended. Energy Rating: D67 Exclusive to Maslen Estate Agents.

What the owner says:

Ive absolutely loved spending time at this terraced house in Brighton. Just a couple of minutes from the seafront and close to the vibrant streets of the city, its in such a brilliant location. The neighbourhood has a really friendly, welcoming feel with a strong sense of community that makes it easy to feel at home. The availability of a garage along with a parking spot right in front of the house takes away the usual stress of finding a space, especially when visitors come by. Inside, the bright and spacious rooms with high ceilings give the home a lovely sense of openness and a touch of luxury. One of the most unique features is the exclusive access to a large communal garden, a rare find in this area. Its a peaceful, green space that feels like a quiet retreat in the heart of the city. I only wish Id had more time to enjoy everything this home has to offer, but with work keeping me in London, I wasnt able to spend as much time here as I would have liked.

Front door to:

Entrance Vestibule - Radiator, recessed spotlights, wood effect flooring, double doors to:

Hallway - Continuation of wood effect flooring, recessed spotlights, radiator with cover over, stairs rising to first floor with stair lift, wall mounted heating thermostat, 2 x built in storage cupboards, doors to all rooms.

Cloakroom - WC, pedestal wash hand basin, radiator, ceiling mounted extractor fan, recessed spotlights, part tiled walls, wood effect flooring.

Lounge/Dining Room - 2 x radiators, 2 x French doors to rear patio garden, wood effect flooring.

Kitchen - Range of wall, base & drawer units with work surfaces over, inset 1.5 bowl sink unit with inset drainer & mixer tap, 2 x integrated dishwashers, integrated eye level oven, integrated eye level microwave, inset BOSCH hob with cooker hood above, space for fridge/freezer, part tiled walls, tiled floor, wall mounted panel heater, recessed spotlights, window to front.

First Floor Landing - Velux window, hatch to loft space, built in cupboard housing hot water cylinder & space & plumbing for washing machine, doors to all rooms.

Bedroom - Window to front, radiator, recessed spotlights.

Bedroom - Window to rear, Velux window, radiator, recessed spotlights, door to:

En-Suite Shower Room - WC with push button flush, wash hand basin with mixer tap & vanity storage below, walk in shower cubicle with wall mounted rainfall style shower head & hand held shower attachment, glass shower screen, wall mounted extractor fan, fully tiled walls, tiled floor, recessed spotlights, heated towel rail, window to rear with frosted glass.

Bathroom - WC, wash hand basin with vanity storage below, panelled bath with wall mounted shower attachment over, glass shower screen, radiator, recessed spotlights, fully tiled walls & floor.

Bedroom - Window to front, radiator, recessed spotlights, built in cupboard with hanging rail.

Outside -

Rear Patio Garden - Patio seating area enclosed by mature hedging, ornate gate to communal garden.

Garage - Housing the utility meters, secured by a remote controlled roller door.

Total Approx Floor Area - 133.8 sq.m. (1441 sq.ft.)

Parking Zone C -

Council Tax Band E -

V2 -

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

£ 662700

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
    £ 20000
  • 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.

£

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.

Total Profit

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  • 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.

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