2 bedroom flat for sale

£280,000 Guide Price

2

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE 280,000-290,000 Welcome to this modern first-floor flat located on Samas Way in the charming area of Crayford, Dartford. Spanning an impressive 688 square feet, this well-presented property offers a perfect blend of comfort and contemporary living.

Upon entering, you will find a spacious reception room that serves as an inviting space for relaxation and entertainment. There is also a modern, fully equipped separate kitchen. The flat boasts two generously sized double bedrooms, including a master bedroom complete with an en-suite bathroom, providing both privacy and convenience. The second bathroom is equally well-appointed, ensuring that all your needs are met.

One of the standout features of this property is the private balcony, where you can enjoy a breath of fresh air and take in the surrounding views. The contemporary building is designed with modern living in mind, offering a stylish and functional environment.

Additionally, the property benefits from permit parking, making it easy for residents and guests alike. This flat is ideal for those seeking a comfortable home in a desirable location, with easy access to local amenities and transport links.

In summary, this first-floor flat on Samas Way is a fantastic opportunity for anyone looking to embrace a modern lifestyle in Crayford. With its well-designed layout, private outdoor space, and convenient parking, it is sure to appeal to a wide range of buyers or renters. Do not miss the chance to make this lovely property your new home.

Additional Information - Parking: One parking space
Heating: Gas Boiler
Electricity Supply: Mains
Water Supply: Mains
Drainage: Mains
Council: Bexley
Broadband: Standard and Ultrafast broadband is available. Actual service availability at the property may be different. Visit the Ofcom website for further information.
Mobile Signal/Coverage: You are likely to have good coverage from most networks. Visit the Ofcom website for further information.
Internal Measurements: Please see the floor plan

Tenure - Leasehold - Our vendor has informed us that this is a Leasehold property.
Lease Term Remaining: 155 Years
Service Charge: 1995.56 per annum
Ground Rent: 137.98 per annum

Disclaimer - These particulars form no part of any contract and are issued as a general guide only. Main services and appliances have not been tested by the agents and no warranty is given by them as to working order or condition. All measurements are approximate and have been taken at the widest points unless otherwise stated. The accuracy of any floor plans published cannot be confirmed. Reference to tenure, building works, conversions, extensions, planning permission, building consents/regulations, service charges, ground rent, leases, fixtures, fittings and any statement contained in these particulars should not be relied upon and must be verified by a legal representative or solicitor before any contract is entered into.



Features
  • Freehold

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

£ 233700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 7000
  • 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

£ 23700
  • 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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