4 bedroom semi detached for sale

£500,000

4

Bedrooms

4

Bathrooms

1

Reception

Floorplan

This impressive three-story town house with garage and visitor parking at the heart of Kitchener barracks. Starting with the ground floor, offering a glamorous modern open plan kitchen, making it an entertainers dream. Leading on from this you have triple glazed patio doors, leading onto your external patio, which floods the kitchen with a sun kissed glow.

The second floor presents you with a large hallway, leading to lounge, family bathroom, bedroom, and a space perfect for a dressing room or even a sophisticated office.

On the third Floor, if thats not enough the polished master bedroom complimented with a spacious en-suite giving the wow factor with its crisp feel, completed with oversized windows overlooking River Medway and Rochester.

Kitchener barracks offers a rich military background with the great heritage park on your doorstep. The property is also walking distance to the Historic Dockyard, which has been used for the filming of many well-known period television dramas and box office films.

A stones throw from the Dockside Retail Outlet Centre, with its shops and a wide selection of dockside restaurants, bars, and cafes. If the outdoors is more your thing, why not visit the stunning yachting marina, or take a beautiful Riverside Walk at the local riverside parks.

Please call our friendly Dockside team on 01634 294 864 to book a viewing today.

Key features
  • Four Bedroom Town House
  • Solar Panels
  • Underfloor Heating
  • Intergrated Fridge Freezer and Dishwasher
  • New Carpets Throughout
  • Utility Room
  • 8 Minute Walk To Chatham Train Station
  • Visitor Parking
  • Driveway & Garage

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

£ 415200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 12500
  • 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

£ 40200
  • 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

Adjust these figures

  %

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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