4 bedroom detached for sale

£975,000

4

Bedrooms

2

Bathrooms

Floorplan

Huon Cottage is a magnificent four bedroom detached family home, built by respected builder Millwood Homes in 1997 and is offered to the market with no onward chain. Located along a pretty gravel lane in the idyllic village of Sheldwich Lees, the property occupies a plot measuring approx. 0.6 of an acre and is extremely attractive with brick and weatherboarded elevations under a tiled roof. The accommodation is both light and well-proportioned throughout and has a layout designed for comfortable, relaxed family occupation. Upon entry, a large welcoming hallway leads into a fantastic triple aspect kitchen/breakfast room with underfloor heating and an extensive range of bespoke units around a central island all topped with granite work surfaces. Integrated appliances include dishwasher, fridge/freezer, microwave, and space for range cooker. The living room has a wood burning stove set in an attractive central fireplace with brick surround and timber mantel and double doors opening into the garden room. Adjacent to the living room is a second reception room, currently used as a library/office which could also serve as a formal dining space. The Amdega garden room is a real delight being wonderfully light, double glazed with electric remotely operated blinds and providing plenty of room for seating and additional dining space. The ground floor also benefits from a cloakroom/WC and a separate utility room with space for laundry appliances under a work surface with sink and a personal door to the garage. The galleried first floor landing is exceptionally light and gives access to four bedrooms and a ceiling hatch, with pull-down ladder, provides access to the loft space. The bedrooms are all a good size with each having lovely views over the garden to the rear or lane to the front. There is a well appointed family bathroom and the two largest bedrooms both have built-in wardrobes and the master bedroom a large ensuite shower room.
The enchanting gardens, measuring approximately half an acre, back onto woodland and are mainly laid to lawn with a beautiful variety of trees, shrubs and flowers all bordered by well-kept hedges and fencing. Amongst mature fruit trees, a carpet of daffodils give a burst of colour in the Spring months and a gate gives access to the mature woodland through which footpaths provide lovely countryside walks. A pretty summerhouse overlooks the garden and a shed provides useful storage. The double garage has electrically operated doors, power and light and houses the combination boiler and water softener. The substantial loft is well insulated and boarded and gives scope for converting to further bedroom space subject to the necessary consents.
Services include gas-fired central heating, mains water and a communal sewage treatment plant towards which the residents contribute approximately 550 per annum which also includes general maintenance of the shared lane.
Huon Cottage is situated in a tranquil location in the delightful village of Sheldwich Lees which benefits from a primary school, church, village hall and green with cricket club and pitch. M2 junction 6 is just two miles by road and a mile beyond is Faversham, with its medieval market square, excellent secondary and grammar schools and mainline railway station providing commuter services to London as well as the High Speed Link to St Pancras. The city of Canterbury is approx. 10 miles away offering cultural interests, excellent shopping opportunities and highly regarded schools, colleges and two universities.

Council Tax band F



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

£ 797075

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 24375
  • 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

£ 65825
  • 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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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