3 bedroom detached for sale

£1,000,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

An undisputed hidden gem! Tucked away behind the village church in Piddinghoe, on the banks
of the River Ouse, a detached three/four bedroom house in need of some modest refurbishment.

Boasting river frontage, delightful well stocked private gardens and outstanding views, this property is immediately available for sale by private treaty with no onward chain. Justins was built in the 1960s by the architect, PJ Harland, on land which once formed part of the Old Vicarages garden. Whilst altered over the years, this charming home still offers considerable scope to extend, subject to obtaining the appropriate building and planning consents.

An undisputed hidden gem! Tucked away behind the village church in Piddinghoe, on the banks
of the River Ouse, a detached three/four bedroom house in need of some modest refurbishment.

Boasting river frontage, delightful well stocked private gardens and outstanding views, this property is immediately available for sale by private treaty with no onward chain. Justins was built in the 1960s by the architect, PJ Harland, on land which once formed part of the Old Vicarages garden. Whilst altered over the years, this charming home still offers considerable scope to extend, subject to obtaining the appropriate building and planning consents.

The light accommodation comprises panelled Oak Front Door into Reception Hall; Cloakroom with low level WC, vanity unit with inset hand wash basin, fitted shelves; Kitchen/Breakfast Room with fitted wall and base units, integrated electric cooker, under counter space for dishwasher, space for freestanding fridge/freezer, two picture windows giving superb views over the River Ouse; dual aspect Dining Room/Bedroom 4; triple aspect Sitting Room with feature stone fireplace and hearth with inset wood burner, sliding patio doors onto paved terrace; Garden/Day Room (added in 1997, incorporating half of the integral garage) with large picture windows overlooking the garden, double Butlers sink with fitted cupboard under and to the side; Boiler Room/Bicycle Store with Cedar clad up-and-over door to garden, wall mounted fuse board, Worcester oil fired boiler.

Open tread staircase from the Reception Hall to half landing with large picture window; First Floor landing with airing cupboard housing hot water tank, plumbing for washing machine; shallow shelved cupboard; triple aspect Principal Bedroom suite with fitted wardrobes, hand wash basin with fitted cupboard under, wall mounted electric bar heater; en suite Shower Room with fully tiled and glass fronted corner shower unit, low level WC, heated towel rail, tiled floor; south-facing Reading Room/Office (originally built as an open balcony and subsequently enclosed in the early 1990s) with large picture windows to capitalise on the superb open aspect; double aspect Bedroom 2 with range of fitted wardrobes, vanity unit with inset hand wash basin, door to walk-in eaves storage space, circular window; Bedroom 3 with wall mounted hand wash basin, fitted wardrobe; Family Bathroom with coloured suite of panel bath with shower attachment, low level WC, pedestal hand wash basin, heated towel rail, access to insulated and part boarded Loft space with concertina ladder and electric light.

Mains water and electricity. Oil fired central heating with panel radiators throughout. Double
glazed windows throughout.

The property is approached via a grass and concrete drive into the front garden, past the detached garage with up-and-over door and light and power. The front garden is laid mainly to lawn with well stocked borders and is enclosed on one side by a low flint wall and to the other by a high Beech hedge.

The delightful, very private, south-facing rear garden is laid to lawn with mature shrubs and trees including a beautiful Magnolia tree, an abundance of established Camellias and well stocked borders. There is a gate in the boundary fence which provides access to the adjoining Hoe Recreation Ground.

In 2003 the parcel of land between the garden and the River Ouse was purchased, giving river frontage to the property and direct access onto Egrets Way, a public footpath alongside the river. Once a market garden, this piece of land has been left to re-wild. Access to this area is gained via an Oak framed stepped ramp from the garden, with vehicular access via a five bar gate adjacent to the entrance to the drive.

Local authority: Lewes District Council - Tax band F
Services: Mains water, Electricity & Drainage are appointed to the property. Oil Fired Central Heating

Location - Piddinghoe lies south of Lewes between the River Ouse and the sea. Found approximately four miles distant from the vibrant coastal town of Seaford and just two miles to the north of Newhaven. The village itself has an active social calendar, village hall, tennis court, recreation space, and fishing and sailing on the lake nearby. The county town of Lewes is approximately seven miles distant and offers more comprehensive amenities along with individual specialist boutique shops. Mainline railway station at Lewes offers connections to London Victoria (just over the hour), and the ferry port at Newhaven offers services to Dieppe.

Directions:



Entrance Hall -



Sitting Room - 6.74 x 4.50 (221' x 149') -

Kitchen - 4.74 x 3.12 (156' x 102') -

Dining Room - 4.47 x 3.25 (147' x 107') -

Family Room - 5.83 x 2.73 (191' x 811') -

Boiler Room/Cycle Store - 2.72 x 2.31 (811' x 76') -



Landing -

Bedroom 1 - 5.38 x 4.10 (177' x 135') -

Bedroom 2 - 3.12 x 2.60 (102' x 86') -

Bedroom 3 - 4.57 x 3.94 (1411' x 1211') -



Garden -

Garage - 7.60 x 2.40 (2411' x 710') -



Epc: E -

Council Tax: F -



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

£ 818950

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
    £ 25000
  • 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

£ 68950
  • 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.

£

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
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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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This is the assumed rate of house price inflation.

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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