5 bedroom detached bungalow for sale

£900,000 Guide Price

5

Bedrooms

4

Bathrooms

Floorplan

'' GUIDE PRICE 900,000 - 950,000. ''

Nestled in the sought-after location of Cooden Sea Road, Bexhill-On-Sea, this stunning Chalet Bungalow offers a luxurious coastal lifestyle. Boasting 3/4 reception rooms and 4/5 bedrooms, this detached property is a true gem.

The property spans over 4000 sq ft and features four double bedrooms, including a magnificent master suite with an en-suite shower room and a dressing room. The grand entrance hallway sets the tone for the spacious interior, leading to a large front to back living room, a kitchen dining room, and an additional reception room with full-length glass windows overlooking the garden.

Entertainment is taken to the next level with a snug/cinema room, perfect for cosy nights in. The first floor houses three generously sized double bedrooms, one with an en-suite, and a main family bathroom. The large landing offers space for an office or a relaxing reading nook.

Outside, the property impresses with a gated driveway providing parking for several vehicles, a double carport, an integral double garage, a timber-built workshop, and a detached double garage with electric roller doors. The room above the garage, currently used as a home gym, could easily be transformed into an office or an additional bedroom.

The outdoor space is equally enticing, featuring a covered jacuzzi area, a patio, and a garden room - ideal for a home office or a tranquil retreat. Located within walking distance to Cooden Beach, the golf club, the train station, Little Common village, and the Cooden Beach Hotel and Tennis Club, this property offers the perfect blend of luxury and convenience.

Dont miss the opportunity to make this exquisite property your new home!



Features
  • Freehold

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

£ 745200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 22500
  • 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

£ 70200
  • 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

Adjust these figures

  %

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.

Notes

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