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25a West Street, Kent, ME10 1AL
£390,000
Bedrooms
Bathrooms
Reception
LARGE CORNER PLOT, GARAGE WITH DEVELOPMENT POTENTIAL, DOUBLE STOREY EXTENSION, CONSERVATORY, NESTLED IN A QUIET VILLAGE LOCATION, CHAIN FREE!
This 4 bedroom semi-detached house located in Roundel Close, Teynham, offers a spacious and versatile living space with the added advantage of a large corner plot. The property presents an exciting development potential, as the garage could be transformed into a detached annex, providing additional living accommodation or even a separate rental unit.
Situated on a corner plot, the property benefits from ample outdoor space, allowing for potential extensions or landscaping opportunities. The generous plot size provides flexibility for future development, subject to obtaining the necessary planning permissions and consents.
Internally, the house offers four well-proportioned bedrooms, making it an ideal choice for families or those in need of extra space. The bedrooms vary in size, but all offering built-in storage, there are 3 on the first floor with the fourth located in the loft space.
The property is in need of some modernising, this is mainly cosmetic updates and refurbishment to bring it up to contemporary standards. This presents an opportunity for buyers to put their own stamp on the property and create a home tailored to their preferences and style.
The house is chain free, meaning there is no onward chain involved in the sale. This can be advantageous for buyers as it eliminates potential delays or complications associated with co-ordinating multiple property transactions.
Roundel Close is located in Teynham, a village situated in Kent, Teynham offers a range of amenities including local shops, schools, and recreational facilities. The village enjoys good transport links, with easy access to major road networks such as the A2 and M2 motorway. Teynham railway station provides regular train services to London and other nearby towns.
In summary, this 4 bedroom semi-detached house in Roundel Close, Teynham presents an excellent opportunity for buyers looking for a property with development potential. The large corner plot and the possibility of converting the garage into a detached annex offers versatility and scope for customisation. Although the property requires some modernizing, it provides a blank canvas for buyers to create their dream home.
For further information please call Family Homes!
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.
25a West Street, Kent, ME10 1AL
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