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£1,500,000 Guide Price
Bedrooms
Bathrooms
A substantial and well-built five bedroom 1920s family home sitting in just under a half acre plot in sought after Kingston. From its elevated position, this fine house commands open, uninterrupted South-Westerly views to Kingston Ridge and affords the space for additional recreational facilities such as a swimming pool, subject to the appropriate planning consents being obtained. For an appointment to view, please contact our Lewes office.
Description:
A substantial and well-built five bedroom 1920s family home sitting in just under a half acre plot in sought after Kingston. From its elevated position, this fine house commands open, uninterrupted South-Westerly views to Kingston Ridge and affords the space for additional recreational facilities such as a swimming pool, subject to the appropriate planning consents being obtained.
The present owners have enhanced the one time Vicarage by the addition of a substantial Conservatory which captures the superb views and provides useful additional family living space. They have also carefully preserved the Art Deco fireplaces, and stripped back and restored the doors and wood panelling to their former glory.
The accommodation comprises solid Oak Front door into Entrance Porch with quarry tiled floor; glass panelled inner Door into large Reception Hall with deep understairs storage cupboard, cloaks cupboard; double aspect Dining Room with feature Art Deco wooden mantel shelf and surround with tiled insert and hearth and fitted gas fire, quarry tile window ledges; Snug/TV Room overlooking front garden; double aspect Sitting Room with feature Art Deco wooden mantel shelf and surround with tiled insert and hearth and fitted gas fire; Cloakroom with porcelain Heritage hand wash basin over wooden vanity unit, door to separate low level WC; large, double aspect Kitchen/Breakfast Room with tiled floor, well fitted with range of solid pine base and wall units with granite worksurfaces, Rangemaster Classic De Luxe double oven and grill with induction five plate hob and built-in extractor over, free standing space for fridge/freezer, integrated dishwasher, large picture window to Breakfast area with door to Utility Room with fitted granite worksurface with under counter space for washing machine and tumble dryer, wall mounted Vaillant gas fired boiler, double glazed door to side garden; large well proportioned wood-framed double glazed Conservatory with two radiators, electric light and power, door onto terrace.
A sumptuous easy rising staircase leads to the first floor Landing with airing cupboard housing hot water tank, access to part boarded and insulated loft space via fitted loft ladder, electric light and power; double aspect Principal Bedroom suite with bespoke walk-in wardrobe with electric light, en suite Bathroom with vinyl floor covering, panel Bath with central shower attachment, large walk-in fully tiled shower with glass doors, low level WC, porcelain Heritage hand wash basin over wooden vanity unit; double aspect Bedroom 2 with fitted cupboard with shelving; Bedroom 3 with range of fitted wardrobes with sliding doors; Bedroom 4 with large eaves cupboard with service hatch to Bathroom pipework; Bedroom 5/Study with fitted shelves and cupboards; Family Bathroom with vinyl floor covering, large walk-in fully tiled Shower with glass panels, low level WC, porcelain Heritage hand wash basin over wooden vanity unit.
All main services. Gas fired central heating serving panel radiators throughout. Double glazing throughout. Original Art Deco features. Lewes District Council Tax Band G.
Outside: The property is approached via a broad tarmacadam driveway with sufficient parking for at least six vehicles. To the side is an integral garage with electric up-and-over door, electric light and power, and an adjacent detached garage with electric up-and-over door with light and power and overhead storage space. The front gardens are laid to lawn edged with mature evergreen shrubs and close boarded fencing. The rear North-Westerly facing garden is a true delight with a wide paved patio, ideal for al fresco dining and watching the superb sunsets behind the windmill. Steps down onto the lawn bordered by mature shrubs with a central paved path leading to the timber framed double glazed and insulated Summerhouse with electric light and power, separate fuse board; well planned vegetable garden with raised beds and paved paths to timber framed garden shed with electric light and power; soft fruit cage; Greenhouse, outside tap. Agents Note: Planning Consent was given in 1999 for a triple Garage to the front of the property and an indoor Swimming Pool to the side rear, this has now lapsed.
Location:
Kingston village is conveniently situated approximately two miles distant from Lewes and is within the newly created South Downs National Park. Within the village there is a primary school and a local inn offering cooked meals and an attractive beer garden for the summer months. Also nearby on the C7 road there is a Garden Centre for those essential gardening supplies. The historic county town of Lewes offers schooling for all ages, major supermarkets, many small independent and specialist shops, recreation facilities, three screen cinema and a mainline railway station with services to London Victoria (just over the hour). The universities of Brighton & Sussex are approximately 4 miles distant, and the famous Glyndebourne Opera House is situated on the edge of Ringmer some 6 miles distant. The sea port of Newhaven is about 10 miles away and offers ferry services to Dieppe.
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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