Solomons Estate Agents

The Old Board House, Bosham Lane, Bosham, West Sussex, PO18 8HS

School lane, emsworth

£625,000

4

Bedrooms

3

Bathrooms

1

Reception

Floorplan

This beautifully presented four double-bedroom town-house is not only a gem in a superb location but also very rare to come by throughout the whole of Emsworth. It stands close to the heart of Emsworth's Highstreet which is one of Hampshire's most desirable areas and therefore, it's not often a property comes up for sale here. The property is well presented and carefully thought out from the stylish colour palette, contemporary fixtures and fittings to the floors, radiators and doors. Everything is in keeping with the age & feel of the property but taking on a modern twist!


Set over three floors, there is ample space for family time and sophisticated entertaining in the 26ft open plan living spaces on the first floor, where you'll be delighted to see constant natural light flooding in from all sides. While this property sits peacefully tucked down a side road from the hubbub of the high street, it remains brilliantly well-connected with Emsworth Station close by and those fanatical about sailing will be delighted to know, Emsworth sailing club is within easy reach. The highly acclaimed Emsworth primary school is within a short drive meaning catchment area acceptance will be easily met and the cosmopolitan shops, bars and restaurants on the high street are only a stone's throw away, so this uniquely characterful property will appeal to many.


On the first floor, you will find the refitted kitchen with a wrap-around breakfast bar and all integrated appliances. The breakfast bar has space on one side for stools providing a sociable cooking area where friends & family can pull up a stool and keep the chef company. You also have a ground-floor utility room for those who like to keep their white goods separate and away from the kitchen. This room is open plan to the lounge diner which is a cosy and comfortable place to kick back and relax and offers enough space for a large dining room table to fit the whole family.

To the middle and back of the ground floor are two spacious bedrooms filled with windows and featuring their own shower room close by bringing the total amount of washrooms to three, and with three toilets, those morning queues will be a thing of the past. The ground floor is connected by the impressive long entrance hallway bringing the main living areas of this impressive home together.


Up to the top floor are two double bedrooms one of which is the master with its own modern en suite shower room. The family bathroom is nestled in between with a bath & shower overhead easily serving both bedrooms. With a choice of four double bedrooms at this property, you definitely have the option of hosting friends and family coming to stay and enjoying their own space with washing facilities all on one floor.


As well as having the shops practically on your doorstep you also have Mill Pond which is ideal for those who require a place to walk the dog, you also have two outside spaces. Your own private enclosed patio is accessible from the ground floor and beyond that is the private and wonderfully kept residential garden, perfect for relaxing in after a long day! The back south/west-facing patio is the perfect spot for those summer barbeques or to use for storing paddle boards or bikes. The additional back residential gardens have beautiful shrubs and raised flower beds with benches and open lawned areas where you can enjoy a glass of vino and take five minutes of peace and quiet. Both receive sunshine all day long and they are completely enclosed by high walls and only accessible by the 12 residents who live there giving you security and privacy.

Emsworth is located West of The city of Chichester. The roads are quiet, and the area consists of some commercial units with businesses ranging from butchers, florists and bakers to offices and artists' creative studios. There are plenty of local gastro pubs and eateries some of which offer discounts to residents. In the summer months, the community holds street parties and events giving an excellent community atmosphere throughout this quirky town.


Trains from Emsworth station, or buses from the end of your road itself, take you directly and quickly into central Portsmouth which is well known for its variety and quality of shopping, dining and cultural opportunities. Trains run from Emsworth to London Victoria in just over an hour (with slightly longer services running from Portsmouth) and the A27 is approximately ten minutes by car. Viewings of this property are highly recommended.




Features
  • Freehold

Nearest Stations:

0.35 miles
Emsworth
1.31 miles
Southbourne
1.36 miles
Warblington
1.98 miles
Havant
2.4 miles
Nutbourne

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

£ 518325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 15625
  • 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

£ 49575
  • 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.

£

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

£
  • 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.

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