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£1,350,000 Guide Price
Bedrooms
Bathrooms
An inspiring 5-bedroom detached house, perfectly situated for modern day family living between Lewes & Kingston Village. Affording a blend of semi-rural tranquillity and superior living space, this home is ideal for day to day family life or buyers looking to combine a peaceful retreat with convenient access to the county town (Lewes).
A capacious detached five bedroom family home to aspire to. This property affords fabulous elevated residential accommodation with far reaching views over the adjacent countryside that forms part of the South Downs National Park, with Lewes Brooks to the fore and beyond to Caburn and Firle Beacon and Kingston Ridge to the rear. A highly desirable residential location, which is within immediate access of Lewes with its mainline railway station and excellent schooling for all ages.
The property was built circa 1990 of traditional brick elevations, upper parts tile hung, all under a pitched clay tile roof. It has been subject to a comprehensive programme of remodelling and refurbishment including some by the present owners. For those looking to continue this manner, please note there is lapsed planning permission for a small conservatory to the western elevation and large garden room on the far rear terrace.
This superior property, found over lower ground, ground and first floor levels, offers highly adaptable accommodation including a recently created self-contained suite at lower ground floor level. Within an established garden plot, the elevated rear garden boasts two broad terraces that afford considerable privacy, backing onto open farmland; the front elevation provides for stunning views across Lewes Brooks towards Caburn and Firle Beacon.
This fine family home comprises of five double bedrooms, three with ensuite facilities, a family bathroom and galleried landing. The ground floor has a welcoming entrance hall, study and large open-plan sitting room/kitchen with a dual aspect having double glazed patio doors to a south easterly facing balcony, and to the rear a south westerly lower terrace and rear garden.
There is a feature contemporary fitted kitchen with breakfast bar, a separate second kitchen and further utility/cloakroom. Stairs descend to the newly developed lower ground floor suite with separate entrance from the front garden with full length windows/doors to the vast reception room that would be ideal as a large family room, consultancy facility or home office with space for multiple work stations, large double bedroom and en-suite shower room. This floor is ideal for visiting friends and relatives, entertaining or as a valuable and viable source of income such as ancillary Airbnb accommodation.
There is a brick paved driveway that provides secure off-road parking for four vehicles, with the potential to create further. The property is set back from the Kingston Road with a gated side access to the private lawned rear garden.
The property is both light and airy and benefits from quality finishes throughout with sumptuous bathroom suites, uPVC double glazed windows and full gas fired central heating.
Gardens and outside:-
Expansive four car brick paved driveway leading to property. Dual timber gates with paved steps leading to large established shrub and flower garden, a pebbled area and seating to south with flower borders on either side, large walnut, apple and pear trees. The established rear garden, approached via a pathway to the rear elevation, is well maintained and affords a high degree of privacy. It is laid to lawn with established vegetation and flora, including fruit trees, rose plants, hardy annuals and specimen seasonal planting.
There are two sun terraces, one adjacent to the rear elevation and patio doors, the other elevated to the western boundary, both providing an ideal space for entertaining and eating al fresco. There are views of the Downs. Outside sensor light and water tap. Storage shed.
Location - Conveniently situated on the southwestern outskirts of Lewes, set back from the Kingston Road, within easy reach of the town centre. This historic county town (Lewes) offers a wide range of amenities including a variety of individual specialist retail outlets, the acclaimed Depot cinema, bar and restaurant, major supermarkets including Tesco and Waitrose, schooling for all ages, tertiary college and leisure centre. The universities of Sussex and Brighton and the coast at Brighton are about 6 and 9 miles respectively. Newhaven port with ferry services to Dieppe, France is approximately 6 miles distant, and the famous Glyndebourne Opera House is about 6 miles away on the outskirts of Ringmer. There is a Mainline railway service from Lewes to London Victoria (just over the hour).
Local authority: Lewes District Council Council Tax Band G
Services: All mains services are appointed to the property. Gas fired central heating.
Tenure: Freehold, to be sold by private treaty with vacant possession (vendors suited).
Directions:
Entrance Hall -
Kitchen/Dining Room - 7.85m x 4.01m (259' x 132') -
Utility - 3.07m x 2.13m (101' x 7') -
Cloakroom -
Sitting Room - 6.15m x 4.70m (202' x 155') -
Study - 3.20m x 3.00m (106' x 910') -
Lower Ground Floor -
Family Room - 7.37m x 5.79m (242' x 19') -
Bedroom - 5.03m x 4.37m (166' x 144') -
En-Suite -
First Floor -
Bedroom - 4.65m x 4.60m (153' x 151') -
En-Suite -
Bedroom Two - 3.99m x 3.02m (131' x 911') -
En-Suite -
Bedroom - 4.01m x 2.92m (132' x 97') -
Bedroom - 3.96m x 2.97m (13' x 99') -
Bathroom -
Epc: C -
Council Tax Band: G -
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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