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£700,000
Bedrooms
Bathrooms
Nestled in the heart of Brighton, this charming four bedroom three bathroom terraced house on Dyke Road Drive offers the perfect blend of city living and tranquillity. Ideally located near the lush greenery of Preston Park, it is just a short walk from two commuter stations, making it an excellent choice for professionals and families alike. Built in the late Victorian era, this home showcases timeless architectural features including high ceilings, generous proportions and an abundance of natural light pouring in through its elegant bay windows. Thoughtfully modernised throughout, it retains its original character while featuring tasteful dcor for an inviting and harmonious atmosphere. State of the art systems have been installed to cover all aspects of the home such as door entry, lighting, heating, ventilation, audio
etwork, irrigation of the garden etc. Viewings are highly recommended. Energy Rating: D67
On the ground floor, the living room flows seamlessly into the dining room, enhanced by dual-aspect windows that allow sunlight to fill the space throughout the day. Original floorboards and a traditional fireplace add a cozy touch. A few steps lead down to a contemporary kitchen, fitted with sleek cabinetry and ample room for appliances. Upstairs, the two rear-facing bedrooms overlook the garden and can comfortably accommodate double beds, while the spacious front bedroom spans the width of the house, featuring a bay window that mirrors the one below. A wonderful master bedroom has also been created in the loft, complete with en suite, to provide spacious and luxurious accommodation. The rear garden is a peaceful retreat, with plenty of space to relax and entertain with friends and family.
Map location is not available for this property.
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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