7 bedroom detached for sale

£2,350,000 Guide Price

7

Bedrooms

5

Bathrooms

Floorplan

A fantastic opportunity to purchase a stylish and imposing newly built seven bedroom detached family home in a popular residential area on Sevenoaks Common and in close proximity to Sevenoaks town centre. The property is one of two luxury seven bedroom, BRAND NEW detached houses located on the highly sought after south side of Sevenoaks, set in a brilliant location for Sevenoaks mainline station, town centre, renowned local schools and rural walking. The properties have been beautifully designed with bright interiors and spacious accommodation, which is arranged over three floors and exudes quality throughout. To the ground floor there is a study, sitting room, dining room, large open plan kitchen/breakfast/family room, utility room and cloakroom. There are four bedrooms to the first floor; the principal suite with dressing room and en suite shower room, guest bedroom & bedroom three with fitted wardrobes and en suite, further bedroom and a family bathroom. To the second floor there are three further double bedrooms and shower room. The property is offered with a high standard of finish with bespoke kitchen, luxury bath and shower rooms featuring quality white sanitary ware, air source heat pumped central heating and hot water system, underfloor heating to all ground floor rooms with radiators to first and second floors. There is recessed LED and feature lighting throughout, primary BT points and pre wiring for multi media system, TV points to principal rooms including aerial and satellite connections, CAT 6 electrical wiring system and pre wired for Wi-Fi booster. The property has the benefit of a landscaped garden, electric car charging point, external lighting, power sockets, water tap and private car parking and integral garage. The property is situated along a sought-after residential road on the popular south side of Sevenoaks and convenient for Knole Park. The High Street is 1.2 mile with its excellent range of shops, restaurants and supermarkets. The house is very well-placed for internationally renowned Sevenoaks School, together with Solefields, New Beacon, Lady Boswells and Weald of Kent to name a few. The A21 at Morleys Roundabout is 1.8 miles providing links to the national motorway network. Sevenoaks station with its mainline links to London Bridge, Waterloo East and Charing Cross is 1.9 miles. There are excellent leisure facilities in the vicinity including golf at Knole and Nizels, cricket at The Vine and tennis at Hollybush



Features
  • Freehold

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

£ 2017200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 58750
  • 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

£ 254700
  • 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

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  %

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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