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£600,000
Bedrooms
Bathrooms
A WELL PRESENTED 4 double bedroom semi-detached family home situated in this POPULAR residential location. Some of the property highlights include; a MODERN fitted kitchen, garage, OFF ROAD PARKING for multiple vehicles, en-suite shower room, PRETTY SEA VIEWS & a private rear garden. Viewings are highly recommended. Energy Rating: D57 Exclusive to Maslen Estate Agents.
What the owners says:
'We have loved living in Woodingdean, it is a real family area with the mentality of looking out for each other. I have made friends for life.
I call the house a Tardis as what you see from the outside is not what is inside. The house is spacious whilst remaining a private and safe space for my family.
Its located close to primary and senior schools, a post office, several convenience stores, hairdressers, chemist & 3 bus routes direct to Brighton and the Marina. Ample parking space and Ill be sad to leave.'
Door to:
Porch - Windows to front & side, poly-carbonate roof, tiled floor, front door to:
Hallway - Parquet flooring, 2 x built in cupboards, radiator, recessed spotlights, wall mounted heating thermostat, doors to all rooms.
Bedroom - Bay window to front, radiator.
Bedroom - Window to side, radiator, parquet flooring.
Kitchen - Range of wall & base units with wooden work surfaces over, inset stainless steel single drainer sink unit with mixer tap, inset Zanussi hob with matching oven under, extractor fan above, space for fridge/freezer, space for dishwasher, space for tumble dryer, space & plumbing for washing machine, cupboard housing wall mounted boiler, part tiled walls, tiled floor, 2 x window to side, window to rear, door to rear.
Bathroom - Low level close coupled WC with push button flush, wash hand basin with mixer tap & vanity storage below, panelled bath with mixer tap, wall mounted shower unit over, glass shower screen, ladder style heated towel rail, recessed spotlights, part tiled walls, tiled floor.
Open Plan Lounge/Dining Room -
Lounge Area - Window to front, feature fireplace, radiator.
Dining Area - Parquet flooring, radiator, stairs rising to first floor, door to:
Bedroom - French doors to rear, radiator, wood effect flooring.
First Floor Landing - Built in storage cupboard, door to:
Bedroom - 2 x windows to front with sea views, radiator, doors to:
Study (Or Another Bedroom) - Window to rear with sea views, radiator.
En-Suite Shower Room - Low level close coupled WC with push button flush, wash hand basin with mixer tap & vanity storage below, shower cubicle with wall mounted shower attachment over, ladder style heated towel rail, tiled walls, tiled floor, window to rear with frosted glass.
Dressing Room - Eaves storage cupboard, Velux window, 2 x hanging rails.
Outside -
Front Garden - Laid to block paving providing off road parking for multiple vehicles, side access leading to the front of the garage.
Rear Garden - Mainly laid to lawn, raised flower bed, gate to side providing access to the front of the property, door to garage, enclosed by timber fencing.
Garage - Up & over door, door to side, lighting.
Total Approx Floor Area - 138.69 sq.m. (1492.89 sq.ft.)
Council Tax Band C -
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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