4 bedroom semi-detached for sale

£700,000 Offers over

4

Bedrooms

5

Bathrooms

Floorplan

Description

This impressive, large semi-detached house, located on the seafront in Herne Bay, boasts stunning panoramic sea views. The property features four spacious double bedrooms, each with its own en-suite, and five modern bathrooms in total. Extended to the rear, the house offers ample living space, including a generous lounge with direct sea views, and a large open-plan kitchen/diner perfect for family living or entertaining. The modern decor throughout adds to its appeal, along with double glazing and a front balcony overlooking the coastline. Conveniently situated close to local schools, shops, bus routes, the train station, and motorway links, it provides an excellent location for a growing family or those dreaming of coastal living. Outside, there are gardens to both the front and rear, and with no forward chain, early viewing is highly recommended.

WHAT TO DO IF YOU HAVE A PROPERTY TO SELL If youre interested in buying a property and have one to sell, dont worry - were here to help! Our estate agents can provide you with a free property valuation and assist you throughout the selling process. We understand that selling a property can be stressful, which is why we offer this service to make things easier for you. Were committed to providing you with a seamless buying and selling experience, and were always here to help. So why wait? Get in touch with us today and let us guide you through the process!

WHAT TO DO NEXT To view our properties, please book an appointment beforehand. If you make an acceptable offer, please note that we require some documents from you before taking the property off the market. These include a copy of your identification, a copy of your mortgage agreement in principle, proof of deposit, and proof of cash if youre purchasing without a mortgage. If youre using funds from a related sale, well need the name of your selling agent, and the name of your solicitor, who will act for you in the purchase. Once we have all these, we can remove the property from the market.

NOTE Please note that sizes and dimensions provided are approximate and may vary from the actual measurements.

NOT READING THIS ON THE AGENTS WEBSITE? Dont miss out on the complete experience of this property. See all it has to offer by clicking the More photos and 3D tour from this Agent link below.



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

£ 580200

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
    £ 17500
  • 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

£ 55200
  • 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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