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£925,000
Bedrooms
Bathrooms
SOLD SUBJECT TO CONTRACT VIA CLIFTON & CO
Pennywell Fields is an exclusive collection of six thoughtfully designed homes in the picturesque village of Betsham, Nr Southfleet surrounded by open farmland yet ideally positioned for modern convenience. The collection includes a mix of home styles to suit a variety of needs Pennywell House is a 4 bedroom circa 2215 Sq Ft detached house.
Nestled between charming converted farm buildings and traditional Oast houses, this unique development has been designed to seamlessly blend into its historic farmyard surroundings. Each home boasts a unique character while maintaining a harmonious architectural style, built from high-quality yellow stock bricks with red brick arches over windows and doors. The first-grade Spanish slate roofs further enhance the developments timeless appeal, with select properties featuring part-rendered facades. With its idyllic countryside setting, individual home designs, and excellent transport links, Pennywell Fields offers a rare opportunity to enjoy rural living without compromising on connectivity and modern convenience. Located just a short drive from Ebbsfleet International Station, providing high-speed rail links to London, and within easy reach of Bluewater shopping centre, the development offers the perfect balance of rural tranquillity and accessibility. The M25 is also nearby, making it an excellent choice for commuters and families alike.
Five of the properties benefit from attached oak-framed car ports, adding a rustic elegance to the exteriors, with the exception of Home House. Inside, four of the homes (Springfield House, Home House, Pennywell House, and Bluebell Croft) there features striking brick fireplaces, designed to accommodate log burners, adding warmth and character to the living spaces.
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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