Three double bedroom chalet bungalow, landscaped gardens, no forward chain!

£450,000 OIRO

3

Bedrooms

2

Bathrooms

1

Reception

Floorplan

Nestled in one of Meophams most sought-after residential roads, Family Homes is delighted to present this beautifulthree-bedroom, two-bathroom semi-detached bungalow, whichoffers a wonderful blend of comfort, practicality, and charm. Thoughtfully designed for versatile living, this property is ideal for downsizers, couples, or small families seeking a peaceful yet well-connected village location.

Step inside and youre welcomed by a spacious entrance hall leading through to a bright and generous living room, perfect for relaxing or entertaining. To the front of the property, a separate dining roomprovides an elegant setting for family meals or dinner with friends, benefitting from large windows that fill the space with natural light, but could also be used as a 3rd bedroom.

The very practical kitchen is both stylish and functional, offering excellent countertop space and plenty of storage perfect for those who love to cook and entertain.

The ground floor also hosts a well-proportioned double bedroom and a contemporary family bathroom, offering the convenience of single-level living when desired. Upstairs, the masterdouble bedroom enjoys its own private en-suite bathroom, making it ideal for guests or multi-generational living.

Outside, the property continues to impress. The beautifully maintained rear garden offers a delightful, low-maintenance retreat with space for outdoor dining, planting, or simply enjoying the sunshine. To the front, a generous private driveway provides parking for three to four vehicles, complemented by a deep single garage to the rear, offering excellent storage or workshop potential.

Situated within a quiet, desirable part of Meopham, Tradescant Drive offers easy access to local shops, schools, and transport links, including Meopham Station with direct services to London.



Features
  • Freehold

Nearest Stations:

0.6 miles
Meopham
0.69 miles
Sole Street
2.98 miles
Longfield
3.95 miles
Halling
4.24 miles
Cuxton

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 36450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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