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75/77 Lowfield Street, Dartford, DA1 1HP
£375,000 Guide Price
Located on Windmill Street in Gravesend, this commercial property offers a substantial space ideal for various business purposes as well as potential to develop to residential. (STPP) The property spans approximately 2142 square feet (199 square metres) and is arranged over multiple floors, providing a flexible layout for potential occupants. Each floor comprises spacious rooms that can be adapted to suit different business needs, with the ground floor offering two large rooms and additional storage space.
The first and second floors each feature two rooms, providing ample space for offices or meeting areas. The third floor includes an additional room, while the fourth floor offers a single room, perfect for storage or a private office. The property is equipped with a utility area and WC facilities, ensuring convenience for staff and visitors.
Externally, the property benefits from a rear parking area, accessible via a partly covered driveway, providing practical parking solutions for business operations. The location in Gravesend offers easy access to local amenities and transport links, making it a convenient choice for businesses looking to establish a presence in the area.
The property is situated in a vibrant part of Gravesend, known for its mix of commercial and residential properties. This central location provides excellent visibility and accessibility, making it an attractive option for businesses seeking to capitalize on foot traffic and local commerce.
Overall, this commercial property on Windmill Street presents a versatile opportunity for businesses looking to expand or establish themselves in Gravesend. With its flexible layout, practical facilities, and central location, it offers a promising space for a variety of business ventures.
Map location is not available for this property.
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.
75/77 Lowfield Street, Dartford, DA1 1HP
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