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£500,000
Bedrooms
Bathrooms
An imposing three double bedroom, two bathroom Grade II Georgian townhouse situated in an enviable position within the city walls and walking distance of the High Street, Canterbury West railway station, local shops, bars and restaurants. The property offers well-proportioned accommodation arranged over three floors and enjoys pleasant views to the front over the neighbouring gardens and rooftops. The property is presented to a fantastic standard throughout and must be viewed to appreciate the quality and wealth of accommodation on offer. The living room has a wonderful sash window to front with recently fitted shutters, a log burning stove and high ceilings give a wonderful sense of space and light. A lobby gives access to the kitchen/dining room as well as a ground floor WC. The well-equipped kitchen/dining room has an excellent range of fitted wall and floor cream units with integrated appliances and contrasting granite work surfaces. The first floor offers two large double bedrooms, the larger having a range of built-in wardrobes, and a modern bathroom with bath and overhead shower. From the landing, stairs lead up again to a very large master bedroom and a contemporary bathroom with central free-standing bath, separate shower enclosure and fitted storage. There is further potential to use this wonderful space as a substantial fourth bedroom if so desired. To the rear is a lovely walled courtyard garden, laid to patio with shrub borders. A gate leads to the private parking area with space for one car.
Council Tax band E
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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