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£1,000,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1M - 1.1M
A stunning and immaculately presented four bedroom detached house situated in one of Eastbourne`s most sought-after roads in the prestigious Meads area, this exceptional home has undergone extensive renovation to an impeccable standard.
A stunning and immaculately presented four bedroom detached house situated in one of Eastbourne`s most sought-after roads in the prestigious Meads area, this exceptional home has undergone extensive renovation to an impeccable standard.
The house is a warm and welcoming home with many modern benefits including welcoming porch leading to the spacious hallway boasting a wood and glass staircase, seamless wood flooring running through downstairs, open views which extend to the rear of the property. The impressive open plan kitchen diner over looks the rear garden having matching wall and base cupboards, work surface, integrated appliances and access to the utility room. The dining area opens onto the conservatory which further overlooks and leads onto the rear garden. The dual aspect living room is 24 in length with feature fireplace with surround and hearth. A downstairs cloakroom completes the ground floor.
To the first floor there are four generous sized bedrooms with the main bedroom enjoying a luxurious en-suite bathroom. The modern family bathroom has been finished to an exceptional standard, featuring high-quality fixtures and fittings.
Outside to the front there is ample off road parking leading to the double garage, lawn area and further path to the porch.
The rear garden is attractive being approximately 85ft in length, mainly laid to lawn with ample seating areas to include a full width patio ideal for entertaining, further seating area with firepit for evening sun.
The property has been meticulously refurbished over recent years including being re-wired and with the benefit of a new gas central heating system
This sought after residential area is well served by the excellent local shopping facilities of Meads village with the most scenic part of Eastbourne seafront just beyond. Eastbourne town centre offers a wide range of amenities including main line rail services to London Victoria and to Gatwick. Eastbourne boasts one of the finest Victorian sea fronts in Sussex and one of the largest sailing marinas on the south coast. Sporting facilities in the area also include 3 principal golf courses, tennis and bowls. There is world class opera at nearby Glyndebourne and Channel ferries from Newhaven.
Entrance Porch -
Entrance Hall -
Open Plan Kitchen/Dining Room - 7.34m x 3.00m (241' x 910') -
Lounge - 7.54m x 4.22m (249' x 1310') -
Conservatory - 3.43m x 3.18m (113' x 105') -
Cloakroom -
Utility Room - 2.49m x 2.39m (82' x 710') -
Landing -
Bedroom One - 4.32m x 3.58m (142' x 119') -
En-Suite - 3.07m x 2.69m (101' x 810') -
Bedroom Two - 4.22m x 3.45m (1310' x 114') -
Bedroom Three - 3.96m x 2.87m (13' x 95') -
Bedroom Four - 2.69m x 2.36m (810' x 79') -
Bathroom - 2.69m x 1.88m (810' x 62') -
Front Garden -
Double Garage - 5.92m x 5.79m (195' x 19') -
Rear Garden -
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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