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169/171 High Street, Tonbridge Kent
£375,000
Bedrooms
Bathrooms
GUIDE PRICE 400,000 - 425,000 This delightful three-bedroom home features two fitted wardrobes and a peaceful ambiance
Exclusive Community: Designed for residents aged 55 and over, ensuring a safe and secure environment.
Outdoor Space: Enjoy a south-facing courtyard garden and access to a communal garden with seatingperfect for socialising or relaxing in the sun.
Convenient Parking: Allocated parking for residents and visitor spaces available.
Prime Location: Just one minutes walk to Hadlow high street with a variety of local shops and amenities.
No Onward Chain: Move in without the hassle of a chain!
Description - VACANT POSSESSION GUIDE PRICE 375,000 - 400,000
Welcome to Cherry Cottage, a charming home nestled in the heart of Hadlow village. With its character brick and white weatherboard exterior, this property exudes warmth and charm.
The cottage comprises:
Entrance Hall: Inviting and practical, featuring quarry tiles. leading to ground floor Cloakroom with Wc and Wash hand basin
Country-Style Kitchen: Complete with white cabinetry, electric double oven, gas hob, integrated appliances, and a breakfast bar area.
Dining Room: Seamlessly flows into the airy sitting room, ideal for entertaining or family gatherings.
Three Bedrooms: Generously sized, with the main bedroom offering two fitted wardrobes and tranquil views.
The modern bathroom features a convenient walk-in shower.
Viewing Information:
We highly recommend viewing this property to fully appreciate its charm and welcoming atmosphere. For more information please contact us
Cherry Cottage is more than just a home; its a lifestyle choice, perfectly suited for the over-55 community. Make it yours today!
Outside - To the rear you have your own private, mature courtyard gardena perfect setting for afternoon tea or a quiet read
What The Owners Say About Cherry Cottage - iT IS SET BACK IN A DELIGHFUL SETTING and all the owners of the ten properties in The Square own the freehold and have a management committee of some of the residents, all decisions are made with the best interests of those living there. There are regular meetings to discuss matters so everyone is aware of any issues or work due to be carried out. Because it is done in this way, it takes over a good deal of the everyday bills and worries that may occur. The outside of the homes are regularly painted, the buildings insurance is covered, a gardener attends regularly as does the window cleaner. This is all covered in the monthly maintenance charge. All each resident has to do is organise contents insurance, energy and Wi-Fi/phone. It really does make things easy and less stressful - and it is far less expensive than the usual retirement places. It is also an ideal lock-up-and- leave property.
Location - Hadlow offering a village atmosphere and a strong sense of community. Youll find essential services within walking distance ,Doctors, Dentist including a bakery, pharmacy, library, and a delightful tea shop. Plus, with easy access to nearby towns like Tonbridge, Tunbridge Wells, and Sevenoaks, youre never far from more extensive shopping and entertainment options.
Agents Notes - The ten houses are all leasehold (long lease of over 970 years) and the freehold is owned by all the residents. There is a small management committee made up of the owners. Residents must be over fifty-five, however, this not like a normal retirement retreat in that currently the maintenance is 151.00 per month. This covers buildings insurance, upkeep of the external buildings, including regular painting, gardening of the common areas and regular window cleaning.
Map location is not available for this property.
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.
169/171 High Street, Tonbridge Kent
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