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£725,000 Guide Price
Bedrooms
Bathrooms
SOLD VIA CLIFTON & CO
GUIDE PRICE 725,000 - 750,000
Situated in probably the most prominent position on St. Marys Island is this 2,050 Sq.Ft. four bedroom detached family home, located waterside on a corner plot and overlooking the Chatham Maritime Marina.
Being one of only four properties of this design on St. Marys Island and representing one of the largest homes, this prestigious property offers generous accommodation which includes a ground floor annexe, large south facing first floor terrace overlooking the boats in the marina, four bedrooms, three bathrooms, three reception rooms, integrated double garage and off road parking.
On the ground floor the entrance hallway gives access to a 17 0 X 15 0 double garage and an annexe with a 12 0 x 10 0 bedroom, 11 3 x 11 2 lounge ( both with south facing views overlooking the marina ) and a shower room. Additionally there is a 63 x 59 utility room. Both the utility room and lounge give access to the wrap-around garden, which is mainly laid to lawn, with a large paved patio and a sunken trampoline area, overlooking the marina and the quays.
The first floor living room measures 17 8 x 16 3 with a Juliet balcony to front and features a traditional styled fireplace. The dining room measures 17 8 x 11 0 with French doors which open out onto the large south facing terrace offering stunning panoramic views across the marina and quays and the 13 0 x 12 0 kitchen is fitted with ample wall and base units, with
double electric oven, hob, extractor and small pantry, a second set of French doors here also open out to the sun terrace. From the landing at this level there is also a W/C.
The second floor offers three bedrooms, family bathroom and ensuite shower room to the master bedroom. The master bedroom measures 17 8 x 14 1 with large mirror fronted wardrobes, the shower room being recently updated with walk-in shower and contemporary styled double sinks and fittings. Bedroom two measures 11 4 x 11 4 and is south facing with juliet balcony and mirrored wardrobes, bedroom three measures 10 2 x 7 10 and the family bathroom has a white suite and heated towel rail.
This large family home is offered to market chain free and whilst in need of some updating, represents exceptional value as one of the most prestigious waterside residences on the highly desirable St. Marys island.
St Marys Island offers one of the most peaceful and desirable locations in the Medway area, with the historic dock, shops, restaurants and cafes on the quays, an Island primary school and doctors surgery/pharmacy. Rochester, Gillingham, Chatham & Strood are a short distance away, London St. Pancras is a 38 minute journey from Chatham railway station or London Victoria is 45 minutes.
Please contact Clifton & Co. on to arrange a private viewing of this exceptional family home.
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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