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£675,000
Bedrooms
Bathrooms
A beautifully presented five bedroom detached family home situated in a quiet residential cul-de-sac in Fordwich, recognised as Englands smallest town. The property has been extended by the current owners and offers in excess of 2000sqft of spacious, comfortable and versatile accommodation. The ground floor has an entrance hall, downstairs WC and three reception rooms; a living room, a separate family/games room and a dining room with bifold doors opening onto the rear garden. In addition, the kitchen has a banquette for informal dining, a range of integrated appliances and access to the separate utility room with space for laundry appliances. The first floor is particularly light and spacious with four double bedrooms, one single and a family bathroom. The master bedroom suite has a walk-in wardrobe and ensuite shower room, the second bedroom has fitted wardrobes and the family bathroom has contemporary fittings and is fully tiled. To the front of the property there is a driveway for two cars in addition to a single garage and an EV charging point. The rear garden, which is not overlooked and has a south-easterly aspect, has an area of low-maintenance artificial lawn bordered by mature shrubs and trees. There is a lovely pergola area designed for alfresco dining and a natural stone patio surrounds the house. Tucked away is a cabin with power which is currently being used as a home office.
Fordwich lies approx. two miles north-east of Canterbury and sits astride the River Stour and retains an active church, the Michelin-starred restaurant The Fordwich Arms and the George & Dragon pub. Nearby is Sturry, with a variety of local amenities including a railway station, doctors and dental surgeries and convenience stores. Canterbury city centre is easily accessible and retains all the amenities, educational, cultural and recreational facilities associated with a major county city. Sporting and recreational pursuits include first class cricket at Canterbury, together with hockey at Polo Farm, sailing and other watersports along the coast, day trips to France via Eurotunnel and ferries, and pleasant walks along footpaths and bridleways in the surrounding countryside. From Canterburys two railway stations there is a regular service to several London stations, the high-speed train via Ashford reaching St Pancras in under an hour. The A28 and A2 facilitate rapid access to the M2 motorway. For channel crossings the port of Dover is about 13 miles and the Channel Tunnel terminal at Cheriton is about 22 miles distant.
Council Tax band F
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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