7 bedroom semi-detached for sale

£1,175,000 Guide Price

7

Bedrooms

6

Bathrooms

Floorplan

Riverdale House is an imposing seven-bedroom semi-detached Victorian house quietly situated on the southern side of Alfriston village, commanding outstanding views across the Cuckmere Valley.

Riverdale House is an imposing seven-bedroom semi-detached Victorian house quietly situated on the southern side of Alfriston village, commanding outstanding views across the Cuckmere Valley.

This most impressive house offers extremely versatile and well-proportioned accommodation throughout and is ideally suited to multi-generational family living or home and income. With ample off-road parking and a delightful garden setting, a viewing is strongly recommended.
The property forms part of a pair built in 1894 by a local builder for his two sons. In recent years Riverdale House has been run as a successful Guest House, but with minimal disruption would provide a lovely family home.

The light and spacious accommodation comprises a stained glass panelled Front Door into Lobby with further stained glass panels and door into a large Reception Hall; Sitting Room with feature open fireplace and fitted bookshelves, square bay with full height French windows capturing the superb views over the Cuckmere Valley, stripped pine floor; door through to the triple aspect Orangery with door to garden; through Living /Dining Room featuring two open fireplaces, one with fitted wood burning stove, square bay with fitted window seat, double doors midway defining the two areas, door to dry cellar with electric meters and good storage, door to rear of Reception Hall; large triple aspect Kitchen with oil fired Aga cooker, range of fitted wall and base units with worktop over, double electric hob with integrated double oven under, under counter space for two dishwashers and washing machine, space for freestanding fridge/freezer, door to rear garden; Cloakroom with low level WC and hand wash basin; Study/occasional Bedroom with French windows onto covered walk way, fully tiled en suite Shower Room with recessed shower, wall mounted hand wash basin, low level WC, heated towel rail. Handsome oak staircase leads from the Reception Hall to a half Landing with airing cupboard housing hot water cylinder, walk-in cupboard; Principal Bedroom Suite with large Bedroom with feature fireplace, views over the Cuckmere Valley; fully tiled en suite Bathroom with panel bath and shower over, wall mounted hand wash basin, low level WC, heated towel rail; folding partition doors into large Sitting Room area with feature fireplace, fitted cupboard and shelving; Bedroom 2 with feature fireplace, views over the Valley; fully tiled en suite Bathroom with panelled bath and shower over, pedestal hand wash basin, low level WC, heated towel rail; Bedroom 3 overlooking rear garden; fully tiled en suite Shower Room with corner glass fronted shower cubicle, wall mounted hand wash basin, heated towel rail.
Staircase up to the Second Floor with fire door; Attic Bedroom Suite with under-eaves Bedroom with fitted cupboard, Dressing Room area with range of fitted cupboards, access to insulated loftspace, opening into Bathroom with corner bath, low level WC, pedestal hand wash basin, heated towel rail; two further attic Bedrooms; tiled Shower Room with electric Mira shower, pedestal hand wash basin, low level WC.

Mains water, Electricity, Private drainage, Oil fired Central Heating serving panel radiators throughout, wealth of period features, original sash windows throughout.

Agents Note: Sitting Room Bay windows to be replaced with double glazed wood units in April/May.

Outside: The property is approached via a long shared driveway to a gravel parking area with low brick wall. The delightful, natural gardens are to the side and rear of the house. Laid to lawn with mature trees and shrubs with areas dedicated to daffodils and bluebells, the garden is a haven for wildlife. There is a large shed to the rear of the property with electric light and power. To the side of the shed is the oil tank. There is also a parcel of overgrown land to the left of the driveway believed to be just over half an acre.

Location: Alfriston is a well known and highly sought after medieval village boasting a wealth of historic buildings including a thatched clergy house, an ancient stone market cross, several timber-framed inns and a church. The property is within easy reach of Seaford (4 miles), and the county town of Lewes (10 miles) with its main line Railway Station (London - Victoria in just over the hour) and comprehensive shopping centre.

Ground Floor: -

Entrance Hall -

Sitting Room - 4.57m! x 4.27m (15! x 14) -

Garden Room - 4.22m x 2.90m (1310' x 96') -

Drawing Room - 4.60m x 3.94m (151' x 1211') -

Dining Room - 4.22m x 3.66m (1310' x 12) -

Kitchen/ Family Room - 6.48m x 3.66m (213' x 12) -

Study/ Bedroom - 4.17m x 3.91m (138' x 1210') -

Ensuite Shower -

Cellar: - 4.09m x 3.61m (135' x 1110') -

First Floor: -

Bedroom - 4.39m x 4.37m (145' x 144') -

Ensuite Shower -

Bedroom - 4.75m x 3.91m (157' x 1210') -

Ensuite Bathroom -

Bedroom - 4.78m x 4.39m (158' x 145') -

Ensuite Bathroom -

Bedroom - 4.39m x 3.68m (145' x 121') -

Second Floor: -

Bedroom - 4.75m x 4.72m (157' x 156') -

Shower Room -

Bedroom - 3.89m x 3.12m (129' x 103') -

Bedroom - 4.78m x 4.70m (158' x 155') -

Ensuite Bathroom -



Workshop -

Laundry Room -

Extensive Gardens -

Ample Off Road Parking -



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

£ 972075

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
    £ 29375
  • 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

£ 90825
  • 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.

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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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