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£1,200,000 Guide Price
Bedrooms
Bathrooms
Badsell Park Farm Cottages enjoys an attractive rural position approached by Crittenden Road over a long sweeping private track, serving a small hamlet, formed by the farmhouse, oast, a pair of cottages and a pair of converted stables, set in an attractive rural valley offering approx 16 acres of land (TBV) across two titles. The cottage offers accommodation comprising entrance hall, cloakroom WC, sitting room, dining room, conservatory, open plan extended kitchen / breakfast room and a ground floor annexe with kitchen, bathroom and living / bedroom area. To the first floor a family bathroom and four bedrooms. Externally the property offers extensive gardens, fields and woodland areas along with a detached barn with potential for a detached family home subject to necessary planning consent or to be utilised as commercial premises. The popular village of Matfield is about 1.3 miles from the property with its traditional village green and public houses. Paddock Wood (3.8 miles), Tonbridge (5.5 miles) and Tunbridge Wells (6 miles) all offer a more comprehensive range of shopping and leisure facilities. The picturesque village of Matfield, well known for its idyllic village green framed by period properties, is 1 mile away and has local pubs, shop, post office, butcher / greengrocers and amenities serving most day to day needs. Paddock Wood station 3 miles (London Bridge about 45 minutes), A21 (Pembury) 3 miles, Tonbridge station 5 miles (London Bridge from 37 minutes), Tunbridge Wells 5.5 miles
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.
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