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£1,295,000
Bedrooms
Bathrooms
DESCRIPTION This substantial detached house occupies a generous plot in an exclusive location on the cusp of the village of Saltwood yet remaining accessible to the town centre. In recent years the property has been the subject of an extensive programme of refurbishment and a carefully executed extension. The result is a magnificent family home offering 3452 sq ft of accommodation which has been thoughtfully designed to compliment a modern lifestyle. The owners have achieved a high standard of finish in a smart contemporary style designed to enhance the many original features which are evident throughout the house which are also complimented by bespoke cabinetry largely by Burlanes of Sevenoaks. They have also incorporated modern luxuries such as an Sonos speaker system throughout the ground floor and the principal bedroom suite.
The accommodation, which is of particularly comfortable proportions, includes a welcoming entrance hall leading to the sitting room, the spacious dining room which is large enough to host quite a dinner party and is open plan the sublime kitchen/dining/living space, the perfect space for family life and in which to hold a party with bi-folding doors uniting the space with the garden. There is also a utility room, shower room, study and gym with mezzanine floor above. The first floor comprises three bedrooms, two doubles, each with en-suites and the principal room with its Juliet balcony, freestanding roll top bath and enviable dressing space. The adjoining shower room wouldnt look out of place in any five star hotel. On the second floor the fourth bedroom also benefits from an en-suite shower room, kitchenette and access to the west facing roof terrace.
To the front of the house there is ample parking and a storeroom for bikes etc. To the rear the west facing garden has been designed to provide the perfect environment for alfresco entertaining with an outdoor kitchen and barbeque area, hot tub and expansive lawns.
For room sizes please refer to the floorplan.
SITUATION This unique property is situated in an exclusive location on Castle Road from where a pedestrian walkway (Church Hill) leads down to North Road and in turn, the town centre. It is also a relatively short walk from the centre of Saltwood with its pretty village green, local shop, Michelin starred restaurant, public house, historic church and castle. There are two excellent primary schools within a short walk and Brockhill Performing Arts College is only a little further. There are two highly regarded Grammar Schools in Folkestone with a regular bus service to both.
Hythe is well served with 4 supermarkets (including Waitrose) and enjoys a vibrant High Street with its range of independent shops, boutiques, cafes and restaurants. There are a variety of sports and leisure facilities in the vicinity, including sailing, tennis, bowls, cricket and squash clubs etc. together with the Hotel Imperial Leisure Centre and two golf courses. Commuting links are excellent with the motorway network (M20 Junction 11) 3 miles distant, main line railway station at Sandling 2 miles, the Channel Tunnel Terminal 4 miles, the ferry port of Dover 10 miles and Ashford International Passenger Station 12 miles. The High Speed Link is available from both Folkestone (5 miles) and Ashford (12 miles) with journey times to St Pancras of around 53 minutes and 38 minutes respectively (all times and distances are approximate).
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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