4 bedroom detached for sale

£1,450,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

An immaculately presented detached house 2,478 sq ft (230 sq m) set in a private road commanding glorious Downland views over East Dean, Belle Tout and to the sea. Built in the 1930s and set in 0.5 acres, being completely remodelled and extended to an exceptionally high standard by the current owners. The stylishly presented, elegant accommodation is well proportioned with excellent natural light.

An immaculately presented detached house 2,478 sq ft (230 sq m) set in a private road commanding glorious Downland views over East Dean, Belle Tout and to the sea.

Built in the 1930s and set in 0.5 acres, being completely remodelled and extended to an exceptionally high standard by the current owners. The stylishly presented, elegant accommodation is well proportioned with excellent natural light.

The front door opens onto the welcoming and spacious hallway which has oak flooring, under stairs cupboard and access to the cloakroom/wc. The dual aspect sitting room has a wealth of charm and character including a bay window to the rear offering the views, working brick fireplace with brick surround and oak flooring. The music room has a multitude of uses, with French doors leading onto the rear patio. A spacious and impressive kitchen diner opens and leads onto the family room offering open plan living when required. The refitted traditional kitchen has matching wall and base cupboards, space for appliances, space for Rangemaster and access to the larder. The family room was part of an extension in 2010 which includes a dual aspect, French doors leading to the rear patio, picturesque views, access to the home gym/ garage, valuated double height ceiling and stairs leading to the upstairs study, mezzanine level and balcony again offering the most spectacular views to the sea, farmland and Belle Tout. The utility area and 23 gym/ studio/ completes the ground floor.

To the first floor there are four bedrooms, three of which enjoy the stunning views. The master suite boasts a dual aspect with views over farm land and to the sea, built in wardrobes and a modern ensuite shower room. The family bathroom with roll top bath, completes the first floor.

Outside the rear garden has recently been professionally and thoughtfully landscaped (2020) with a large lawn bordered by mature trees and shrubs providing privacy. The full width Indian fossil sandstone paved patio with designated seating area is ideal for alfresco dining, offering superb views to the rolling countryside and the sea. The further Indian fossil sandstone patio seating area is ideal for entertaining guests with a BBQ and lawn games. To the front, the drive offers ample off road parking, remainder lawn area and access to the gym/ studio area.

Friston is set within the picturesque South Downs National Park adjoining Friston Forest and the village of East Dean with its village green and popular public house, tea rooms, Thai restaurant and small parade of shops. Eastbourne is about 4 miles to the east and has a comprehensive range of shops and facilities together with railway station to London Victoria in about 1 hour 30 minutes.

Directions: On the brow of Friston Hill on the A259 turn into Windmill Lane, sign posted 'Downlands Private Estate'. Continue for approximately a quarter of a mile and turn right into Warren Lane. Derrydown will be found on your left.



Entrance Hall -



Cloakroom -

Kitchen/Dining Room - 5.44 x 4.75 (1710' x 157') -

Larder -

Utility -

Family Room - 5.26 x 4.06 (173' x 133') -

Sitting Room - 5.44 x 3.63 (1710' x 1110') -

Music Room - 4.11 x 3.33 (135' x 1011') -

Gym/Studio - 7.14 x 2.39 (235' x 710') -

Mezzanine -

Roof Terrace -

Study - 5.56 x 2.26 (182' x 74') -



First Floor Landing -

Bedroom One - 5.49 x 3.63 (180' x 1110') -

En-Suite -

Bedroom Two - 3.99 x 3.30 (131' x 109') -

Bedroom Three - 4.47 x 2.69 (147' x 89') -

Bedroom Four - 2.84 x 2.84 (93' x 93') -

Bathroom -



Front Garden -

Rear Garden -



Epc: C -

Council Tax Band: G -





Features
  • Freehold

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

£ 1212700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 36250
  • 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

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£

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

£ 125200
  • 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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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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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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