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£350,000
SOLD VIA CLIFTON & CO
An exceptional opportunity awaits with this rare plot in the sought-after green-belt village of Ash, Kent. Planning permission has been granted for the conversion of the existing garage structure into a three-bedroom bungalow, all set within a private sub-divided plot of approximately half an acre.
Redevelopment opportunities in this charming and protected rural location are exceedingly rare, making this a truly unique find. This plot offers a fantastic blank canvas for those wishing to create a custom single-story home nestled in serene surroundings. With the potential to craft a bespoke bungalow tailored to your vision, this property is perfect for discerning buyers seeking the tranquillity of a countryside setting while still enjoying the local village amenities.
Ash and the surrounding area provide a blend of countryside living and convenient access to nearby amenities. The popular village of New Ash Green is just a short distance away, offering a variety of local shops, cafes, and essential services. For those looking for more extensive amenities, Longfield offers supermarkets, restaurants, and retail options. Families will appreciate the well-regarded local schools and community activities available in the area.
Commuters are well-served by Longfield Station, providing direct rail links to London Victoria, making this an ideal location for those who wish to escape to the countryside without losing easy access to the city. Road networks also provide quick connections to the M20 and M25, opening routes to London, the Kent coast, and beyond.
Whether you are looking for a unique development project or the chance to create a private, personalised residence in a Kentish rural locale then this rarely found plot offers endless potential for future value and enjoyment.
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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