4 bedroom detached for sale

£1,195,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

A stunning new build being a detached four bedroom split-level bungalow set in an idyllic rural location with a large garden, off road parking for multiple vehicles and an oak framed double car port and garage. Other benefits include underfloor heating an an air source heat pump - (this draws in cool air and heats up the tank in the loft to give constant hot water and UF heating) Loft could be boarded if required, this has been double insulated. Klargester sewage treatment plant is located in the garden looking out from bi-folds in lounge and has a green cover. It over spills into the stream and should be emptied every couple of years. Carpets are for buyer to choose and builder to fit tbc

Description: - Rowland Gorringe is delighted to be marketing this unique four bedroom split-level bungalow, set in a stunning rural location. This property has been built to a very high standard, enjoying features such as underfloor heating and an air source heat pump.

Laid out over 1800 sq ft of accommodation, the bungalow features a large open plan sitting room, which flows into the kitchen diner. The living room has bi-fold doors out onto a raised decking, with views over the rear garden. There are four double bedrooms, the master with en suite and access out onto the west facing part of the garden, and there are two further bathrooms.

Outside, the garden wraps around this lovely property, sitting in just over half an acre, and is mainly laid to lawn. There is parking for multiple cars and a detached double car port and garage.

Location: - Brick Kiln Lane is situated in the heart on the edge of Hadlow Down, a short drive from Buxted with its amenity shops and railway station. The larger town of Uckfield is approximately six miles away with its more comprehensive range of shopping facilities including two supermarkets, schooling for all ages, restaurants, public houses and online railway station with commuter links to London Bridge.

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

£ 989575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 29875
  • 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

£ 93325
  • 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.

£

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.

£

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
    £

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

  • Cumulative Rental Profit
    £

    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

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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