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£1,250,000
Bedrooms
Bathrooms
DESCRIPTION
Enviably situated in an exclusive location on Sandgates picturesque hillside from where it commands magnificent views of the sea and to the coast of France on a clear day, this exceptional property occupies a delightfully secluded plot of a little over 0.4 of an acre with beautiful landscaped gardens surrounding it to all sides.
The current owners have extensively refurbished the property during their period of ownership and the house is now impeccably presented in a smart contemporary style and offers accommodation of particularly comfortable proportions which has been reconfigured to compliment a modern lifestyle. The accommodation, which is largely focused to the south so that the views of the sea can be enjoyed from all of the principal rooms, includes a wide and welcoming entrance hall leading to the spacious sitting room, a stunning kitchen/breakfast room which opens on to a covered veranda and is open plan to the dining room which in turn is open to the glazed garden room. There is also a study, utility room and cloakroom on the ground floor. The first floor comprises a capacious landing, four double bedrooms, three opening onto south/sea facing balconies, the principal with en-suite shower room and a walk-in wardrobe. There is also a bathroom and further shower room.
The gardens afford the property with a great deal of privacy being approached via a long driveway providing ample parking and access to the garage. The level garden to the front of the house enjoys an expanse of lawn and a large terrace with hot tub - the perfect position in which to relax and entertain alfresco. There is a further lawned garden to the rear.
For room sizes please refer to the floorplan.
SITUATION
From Sandgate Esplanade (A259) turn onto Wellington Place, follow the road and take a sharp left, this continues to Brewers Hill, an exclusive location moments from the beach. It is only a short walk along the promenade with the wide stretch of shingle beach alongside to the charming and sought-after village centre, with its eclectic mix of local shops, boutiques, public houses, cafes and restaurants.
The Cinque Ports Town of Hythe, with its wider range of amenities including Waitrose is approximately 2.5 miles to the west and the larger town of Folkestone is about 1.5 miles to the east. There is a variety of sporting facilities available along the coast, including rowing and sailing clubs, a choice of golf courses in the immediate vicinity, together with the Hotel Imperial Leisure Centre.
The High Speed Rail Link service to London, with a journey time to St Pancras of less than an hour, is available at Folkestone West Station (1.7 miles) and Ashford International (16 miles). The M20 motorway network and the Channel Tunnel Terminal at Cheriton (Calais 35 minutes) are both about 3 miles distant. (All 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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