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£100,000 Guide Price
A desirable field situated on the edge of Hartfield
About 5 acres
Property
The land lies on the edge of Hartfield with a good road frontage. It is in the High Weald Area of Outstanding Natural Beauty and a short distance from Ashdown Forest. It is currently an arable field and pegs denote the boundary.
Easements and Wayleaves
The property is offered for sale subject to, and with the benefit of all wayleaves and easements whether specifically mentioned in these particulars or not. A right of way will be granted over the brown area.
Services
Mains water is in the highway.
Planning
The land is offered subject to any development plans, tree preservation orders, ancient orders, public rights of way, town planning schedules or resolutions which may come into force. The purchaser will be deemed to have full knowledge of these and must be satisfied as to the effect of such matters relating to the property. The vendor will be wanting an overage clause.
Local Authorities
Wealden District Council:
East Sussex County Council:
Directions
Head south out of Hartfield. Fork left onto B2026 and the field will be found after a short distance on the left.
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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