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£850,000
Bedrooms
Bathrooms
A CHARMING FAMILY HOME, SITUATED IN THE HEART OF THE VILLAGE OFFERING IMMENSE SCOPE FOR UPDATING AND MODERNISATION - Guide Price 850,000
Descripton - As sole agents we are delighted to present this substantial property sitting in the very heart of the village and backing onto open countryside and allotments to the rear. This property has been a much loved family home for many years and now comes on to the market offering immense scope for updating and modernisation. The rear garden offers a perfect setting for outdoor entertaining overlooking open countryside and allotments. For those working from home, the property benefits from a substantial Studio/Home Office. There is also a Workshop/Garden Room. In our opinion this property can only be fully appreciated by internal viewing .
Location - Otford is a vibrant village offering a wide range of facilities and clubs for all ages including the Memorial Hall which holds a number of events throughout the year and the Recreation Fields with tennis courts and convenient footpath to the neighbouring village of Shoreham. The village is known for its many historic and period buildings and famous pond. There are a number of boutique shops in the High Street including tea rooms, restaurants and public house however on the nearby Parade are a number of day to day shopping facilities including a post office and convenience store. There is surgery, a library and nearby station providing fast services to London on the London Bridge/Charing Cross line. Sevenoaks Town Centre is approximately 3 miles away with a wide range of shopping facilities, sports centre, theatre/cinema complex and mainline station with fast services to London on the Charing Cross/Cannon Street line. together with services through to Otford. There are a number of highly regarded schools in and around the area both state and independent. The M25 motorway can be joined just to the west of Sevenoaks at Chevening, Junction 5.
Entrance - Through solid front door into:
Entrance Hall - Georgian style double glazed window to front and side.. Staircase to first floor. Cloaks cupboard. Laminate floor
Family Room/Study - Georgian style double glazed windows to front and side. Deep storage cupboard. Radiator
Sitting/Dining Room - Georgian style double glazed window to front. Double glazed patio doors to rear. Feature fireplace with Living Flame gas fire inset. Timber surround and marble hearth. Television point. Coved ceiling. Radiator
Kitchen - Georgian style double glazed window to rear. Comprehensive range of shaker style wall and base units with work surfaces over. Stainless steel sink unit with mixer tap. Space for oven and fridge/freezer.
Utility Room - Double glazed window and door to rear. Tall storage cupboard. Space and plumbing for washing machine and tumble dryer. Stainless steel sink unit. Down lighting. Vertical radiator.
Shower Room - Double glazed window to front. Suite comprising: shower cubicle, wash hand basin, wc. Storage cupboard
First Floor -
Master Bedroom - Georgian style double glazed windows to front and rear. Eaves storage space. Radiator. Leading into:
Dressing Room - Georgian style double glazed window to rear. Laminate floor. Down lighting. Leading to:
En Suite Bathroom - Suite comprising: panelled bath, Jack & Jill wash hand basins and WC. Tiled surround
Family Bathroom - Double glazed window to rear. Suite comprising: tiled shower cubicle, panelled bath, wash hand basin, wc. Heated towel rail.
Bedroom - Double glazed Georgian style window to front. Vanity unit with wash hand basin inset. Radiator.
Bedroom - Double glazed window to rear. Victorian fireplace.
Outside -
Front - Paved Driveway providing off road parking for several vehicles. Double timber gates to rear.
Rear - Shingled garden with raised pond and flower beds to sides. Pergola and patio area providing a perfect setting for outdoor entertaining. Views over open countryside and allotments.
WORKSHOP - Latch door with windows to front
STUDIO/HOME OFFICE - Georgian style windows to side and rear. Vinyl flooring. Pine ceiling. Light and power.
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.
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