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1 Steeres Hill,, RH12 4PT
£345,000
Bedrooms
Bathrooms
Reception
An Immaculate two-bedroom end-terrace home on the west side of Horsham.
This lovely property has been cherished and well-kept. It is ideal for first-time
buyers, downsizers and investors.
OUTSIDE LIGHT UPVC FRONT DOOR TO RECEPTION PORCH Electric meter box. Further part glazed door to:
RECEPTION HALL Decorative dado rail, storage heater, telephone point.
LOUNGE/DINER 13' 10" x 11' 10" (4.22m x 3.61m) Enjoying a lovely view over the rear garden via double glazed sliding patio doors. Storage heater, TV and Sky point, understairs storage cupboard.
KITCHEN 7' 8" x 5' 6" (2.34m x 1.68m) Fitted range of gloss white fronts with marble effect work tops comprising: Single drainer stainless-steel sink with drawer and cupboard below. Further work surface with drawer, cupboards, space and plumbing for washing machine and tumble dryer below. Space for electric hob with extractor hood above. Eye-level storage cupboards. tiled splash-back to working areas. Tile-effect linoleum.
STAIRS FROM HALL TO FIRST FLOOR LANDING Decorative dado rail. Sliding ladder to boarded loft space. Airing cupboard with lagged copper-cylinder tanks and immersion heater. Airing shelves above. Storage heater.
BEDROOM ONE 9' 7" x 7' 2" (2.92m x 2.18m) Outlook to the rear. Fitted full-width wardrobes with shelves and hanging space.
BEDROOM TWO 11' 9" x 6' 3" (3.58m x 1.91m) Outlook to the front. Deep Bulkhead cupboard with shelves and hanging space.
BATHROOM 7' 7" x 6' 3" (2.31m x 1.91m) Tile panel enclosed bath with chrome mixer-tap and shower head. Additional thermostatic tap and shower overhead. Glass shower-screen, pedestal wash basin, low flush WC. Fully tiled walls to the bath and showering area. Vinyl floor tiles.
FRONT GARDEN Concrete pathway and screening shrubs.
REAR GARDEN Very nicely landscaped 70ft long garden which is well screened with a well-kept coniferous hedge. Central lawn decoratively bordered with shingle. A shrub and flower bed runs down one side.
A substantial section of raised decking runs along the rear of the house with additional decking at the far end enjoying the shade of a wooden pergola and a small Ash tree. A rear pedestrian gate leads out onto:
DOUBLE LENGTH PARKING SPACE and rear access from Shandy's Close.
WOODEN GARDEN SHED Along the side of the house. Outside tap. Outside lighting.
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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