3 bedroom detached for sale

£375,000

3

Bedrooms

2

Bathrooms

Floorplan

A WELL PRESENTED 3 bedroom semi-detached family home situated in this POPULAR residential location. Some of the property highlights include; the private tiered REAR GARDEN, en-suite to bedroom, FEATURE FIREPLACE in the lounge & is being offered for sale with NO ONWARD CHAIN. Viewings are highly recommended. Energy Rating: C70 Exclusive to Maslen Estate Agents

What the owner says:

'This was my first house purchase and I have a lot of happy memories from the many years I lived here before moving in with my partner.

I was drawn to the property due to the large mature, garden and its peaceful and private setting. The woodland views front and back make it feel quite special. The little row of houses set back from the road have an amazing community feel and I enjoy seeing the neighbours kids playing out front together because its so safe being away from the street.

It was a great place to live being an animal lover as the garden and woods at the back meant my cat never ventured onto the road and its so close to Wild Park, Stanmer and the South Downs that it was perfect for when I got my 1st puppy.

The house itself is not overlooked by any neighbours and the rooms are really bright. I loved my bedroom in the loft as its cosy in winter being really well insulated and in summer you can throw open the windows both sides to make the most of any breeze. With so many trees nearby the bird song is lovely to hear too.

Being a semi detached house thats well constructed and laid out, weve never heard noise from any neighbours coming through so it was a really calm place to come home to.

Its a convenient location as its on the 49 bus route and the twitten over the road gets you down to the Lewes road, 25 bus stop within 5 minutes walk.

Theres always a space to park outside the house and its really quick to get out and onto the A27 too.

We genuinely loved living here.'

Front door to:

Hallway - Stairs rising to first floor, radiator, wooden floorboards, door to:

Lounge - Feature fireplace sat on slate hearth with wooden surround, bay window to front, radiator, built in cupboard, wooden floorboards, double doors to:

Kitchen - Range of wall & base units with roll edge work surfaces over, inset stainless steel 1.5 bowl single drainer sink unit with mixer tap, space for oven with cooker hood above, space for fridge/freezer, upright radiator, part tiled walls, tiled floor, 2 x windows to rear, door to rear garden.

First Floor Landing - Wall mounted heating thermostat, stairs rising to second floor.

Bedroom - Window to rear, radiator.

Bathroom - Low level close coupled WC with push button flush, wash hand basin with mixer tap, panelled bath with mixer tap, wall mounted shower over, glass shower screen, built in cupboard housing wall mounted Baxi boiler, ladder style heated towel rail, part tiled walls, tiled floor, wall mounted extractor fan, window to side with frosted glass.

Bedroom - Window to front, radiator, wooden floorboards, dado rail.

Second Floor Landing - Velux window, door to:

Bedroom - 2 x Velux windows to front, 2 x eaves storage cupboards, radiator, window to rear, built in wardrobe, door to:

En-Suite - Low level close coupled WC, wash hand basin with mixer tap, part tiled walls, wood effect flooring.

Outside -

Front Garden - Pretty front garden with a variety of flowers & plants.

Rear Garden - A tiered rear garden with a variety of flowering shrubs & plants, raised decked seating area, enclosed by timber fencing.

Total Approx Floor Area - 83.6 sq.m. (900 sq.ft.)

Parking Zone D -

Council Tax Band B -

V1 -

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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9375
  • 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

£ 30825
  • 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

£
  • 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

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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