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169/171 High Street, Tonbridge Kent
£800,000 Guide Price
Land opportunity with this attractive agricultural land situated off Moor lane. The land extends to almost 26 acres and is currently used for wheat crop.
The land has its own entrance via 5 bar gate off Moor Lane. There is a public footpath and right of way and there is a vehicular, right of way to access the land. There is also access via a no-through road lane as well off starborough road.
Summary - We are pleased to offer a beautiful block of land with both excellent main road and additional access.
Set in a quiet, peaceful location but near to all local amenities, excellent schools and an abundance of local attractions.
''VIEWING STRICTLY BY APPOINTMENT ONLY''
Location - Situated on Moor lane on the outskirts of Edenbridge a short distance from the town centreThe surrounding area offers miles of scenic walking routes and bridleways.
Local attractions include Penshurst Place, Hever Castle; Each with its own rich history.
Another local highlight is Kingdom in Penshurst, a unique wellness destination where you can enjoy yoga, Pilates, cycling, Forest walks, cafe; All located in a beautiful woodland setting. British Wildlife Centre,Quebec House,Emmets Gardens, Chartwell, Bough Beech Reservoir, Hammerwood Park. There are also excellent nearby fishing lakes.
The land is well situated between East Grinstead, Lingfield, DORMANSLAND and Edenbridge.
Conveniently located for day trips to your own piece of England, the land is South of London with excellent commuter services. Every near by sports facility including, walking, cycling,horse riding, golf courses, gyms and spas. A huge amount of sports clubs including cricket,tennis, football, rugby, hockey, bowls and croquet. One of the main attractions of this piece of land may be that just along the road is the famous all weather Lingfield race course.
There are excellent transport links. The nearby A22/M25 provides access to all the wider motorway network.
Gatwick Airport, M23, A217, A22 and A21 all link with journeys towards and around London and south towards Brighton and the South Coast.
The land is easy to commute to by train into three nearby stations (Lingfield Station, Dormansland, and Edenbridge all just a few minutes along the road. Destinations include London Bridge,London Victoria, Gatwick, Reading, Brighton, Peterborough, Redhill, Tonbridge, Horsham and Lingfield.
Lingfield has all local shopping amenities and several traditional pubs.
Agents Note - Please note that covenants may apply to this land, including no siting of caravans or mobile homes.
Water is connected to this land but has not been tested. Sold as a whole.
The land is sold on an unconditional basis, purchasers considering alternative uses or even development are deemed to rely upon their own enquiries.
Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you,
please obtain professional confirmation. Photographs of land are for illustration purposes only.
The access is via a vehicular 5 bar gate off Moor Lane
These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract or commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments expenditure or other legal commitments.
''VIEWING STRICTLY BY APPOINTMENT ONLY''
All dimensions/measurements are approximate. There is a public right of way off moor lane entrance
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.
169/171 High Street, Tonbridge Kent
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