4 bedroom detached for sale

£475,000

4

Bedrooms

3

Bathrooms

Floorplan

A superb and immaculately presented four bedroom, three bathroom architecturally designed townhouse, offering light and spacious accommodation over three floors. Built by respected builders Berkeley Homes, it is the only detached house in the prestigious Kingsbrook Park development and is within walking distance of the city centre, Canterbury West railway station and local shops and schools. The property has been in the same ownership since new and has been much improved including a newly fitted kitchen, windows and highly specified fitments throughout. Taking a prominent position within the development, the property is extremely attractive with elevations of render and composite weatherboard. A welcoming entrance hall, with Karndean flooring, flows into the sleek and contemporary fitted kitchen that boasts an array of high quality German-made Alno wall and floor gloss white units. Integrated appliances include Bosch and AEG hob and oven, built-in frost free Hoover fridge/freezer, washing machine, Neff dishwasher and Quooker boiling water tap. The living room has high ceilings and French doors with surrounding casements overlooking the pretty rear garden. The ground floor also offers a useful cloakroom/WC and a storage cupboard under the stairs. On the first floor, newly-laid wool carpets flow through to two double bedrooms, the larger of which has the advantage of an ensuite shower room with Vilroy and Boch sanitary ware and Hansgrohe brassware. There is a cupboard off the landing that has useful storage and is home to the Ideal Vogue combination boiler that is still within warranty. A Drayton Wiser central heating programmer allows you to control the heating via an app. The family bathroom has a wonderful fitted white suite, contemporary tiling and extraction. On the second floor, you will find a single bedroom, currently being used as a dressing room but could also be utilised as a study/home office. The master bedroom is triple aspect and has an ensuite walk-in shower and French doors opening out onto a west-facing balcony. Externally, there is an allocated parking space with additional visitors spaces available. The landscaped rear garden has an established olive tree, areas of patio, loose stone, artificial lawn and raised shrub and flower beds. The property has been significantly improved by the current owner; new windows and French doors were installed in 2021 and high-end replacement fitments further enhance the quality of this fantastic home.

Council Tax band D.albion


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

£ 394575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11875
  • 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

£ 38325
  • 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

£

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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