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£1,150,000 Guide Price
Bedrooms
Bathrooms
Rowland Gorringe is thrilled to present this remarkable property in the hamlet of Piltdown. The property features approx one and a half acres of lawn and bluebell woodland.
Description - Rowland Gorringe is thrilled to present this remarkable property in the hamlet of Piltdown. The property features approx one and a half acres of lawn and bluebell woodland.
As you enter the property via a pebble drive, you are greeted by a generous entrance hall with a hardwood floor and hall cupboard. The cloakroom includes a low-level w.c, and hand basin. The dual-aspect living room boasts an abundance of light from the fully glazed sliding doors and the large window overlooking the garden. It benefits from a bespoke feature fireplace made of York Stone, along with a modern wood burner. The dining area seamlessly flows through an arch, and the same hardwood flooring runs throughout the room. The kitchen features a glazed rear door, induction hob, dual ovens, and sink with space for a dishwasher, fridge, and freezer. Accessed via the living room, the lounge is located at the rear of the property and includes plenty of built-in cupboard space and a fully glazed door to the garden. Downstairs, you can access the garage, which has three-phase power installed. There is also an office with access to the greenhouse, a large storage cupboard, and a boiler room with a recently installed (late 2022) Grant oil boiler.
Upstairs, you will find the principal bedroom, which features a double aspect over the garden, a dressing area, and an en-suite bathroom comprising of a power shower with a new pump, low-level w.c, pedestal basin, and bidet. The second bedroom is a double room with a built-in wardrobe, and the third bedroom is a dual-aspect double room with built-in wardrobes. The fourth bedroom is a single room with a window overlooking a wooded area. The family bathroom is generous in size and includes a panel bath, low-level w.c, and pedestal basin. The walk-in airing cupboard is large and offers ample shelving storage and a water tank.
The property, comprising of approx 1.5 acres, presents a blend of lawns and woodland. The front area boasts a pond and water feature, surrounded by mature plants and a majestic four-hundred-year-old English oak tree standing tall on the boundary. Accompanied by a patio area, ample car parking and a convenient wood store. The woodland, situated at the back and side of the property, offers a tranquil escape with its enchanting beauty, especially during the spring season when the bluebells are in full bloom.
Location - White Gables is situated in the hamlet of Piltdown, with its excellent public house/restaurant, quality farm shops, garage/convenience store, golf course, pond, and some lovely walks on a network of public footpaths. It is also within a couple of miles or so of Uckfield town center with its range of shopping facilities including two supermarkets, schooling for all ages, restaurants, public houses, mainline railway station to London Bridge. There is also easy access along the A272 to the pretty village of Newick and through to the commuter town of Haywards Heath, with mainline train service to London (approx 47 mins).
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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