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The Old Board House, Bosham Lane, Bosham, West Sussex, PO18 8HS
£650,000 Guide Price
Bedrooms
Bathrooms
Reception
This magnificent and very generously proportioned double-fronted detached family home offers spacious & versatile living accommodation over three storeys and is located in one of central Hambrooks most sought-after locations, baileys way is a residential cul-de-sac known for its wonderful community feeling and amazingly vibrant & convenient location just inside Hambrook and a few minute's drive from either Chichester city centre or Emsworth town centre. Hambrook mainline railway station, is only five minutes walk away, and the a27 are within easy reach.
The house has been immaculately maintained throughout to a very high standard by its current owners and with two main reception areas and excellent sized bedrooms, it is very much open to interpretation to suit your needs and lifestyle with so many people requiring a home office and extra space these days!
You will be charmed from the moment you see the house as you drive into the cul-de-sac. To the right is a path making your way up to the front door, also to the right is a large east-facing green open space offering a bright and spacious outlook.
Starting on the ground floor where you are welcomed by an entrance hall with access to all rooms from here, the accommodation comprises a home office, utility room with built in washer dryer, separate lounge, modern fitted kitchen diner and a large, bright conservatory. The lounge is east facing allowing plenty of natural light to flood the space giving you a cosy yet vibrant living room with space for a large sofa and living room furniture. Doors lead through to the modern fitted kitchen diner which includes all other built-in appliances including a fridge freezer and dishwasher. This room is open plan to the lounge and dining area making the entire ground floor accommodation a fantastic social space to enjoy when you have guests round.
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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