Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,400,000 Guide Price
Bedrooms
Bathrooms
An incredible opportunity to purchase a characterful family home enjoying a huge plot of 1.85 acres within the heart of Buxted village together with planning permission for a new substantial five/six bedroom detached house.
Description: - This large and characterful detached family home with approximately 2,500 sq/ft of accommodation comprises four bedrooms, three bathrooms, and five reception rooms enjoying a huge plot of 1.85 acres located within the heart of Buxted village. This fantastic property also includes the benefit of planning permission to build a new substantial five/six bedroom house both of which would enjoy a stunning outlook across far reaching countryside views to rear. The property does offer further development potential subject to the usual planning consents.
The property and site are within walking distance of the village centre and the local amenities, which include, pubs, Doctors surgery, recreation ground, village stores and Buxted Primary School, as well as the mainline station with regular services to London Bridge.
EPC of existing property - D
Council Tax Band of existing property - G
*** Wealden District Council Planning ref. no. - WD/2022/2455/F ***
Proposed House size: 220.48sqm/2373sqft
Garage size: 18.94sqm/203sqft
Total Size for CIL: 247.11sqm/2659.86sqft
CIL liability: TBC
Approximate GDV: 1,250,000.00
All parties must satisfy themselves with regards to the approximate GDV€™S and planning details, prior to entering negotiations.
Accompanied viewings are strictly by appointment only
For further information and to arrange an inspection of the proposed development site, please contact our Uckfield branch.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
