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£1,400,000
Bedrooms
Bathrooms
Snag Lane Farm is in a very tranquil but convenient location in the semi-rural village of Cudham and is set in approximately 5 acres of grazing land with stables, riding arena, tack room and further outbuildings. Despite the privacy it is highly accessible for Orpington Mainline station, Green Street Green village amenities, High Elms Country Park and golf course.
The four bedroom detached family home is versatile in accommodation and comprises, porchway with boot storage, spacious entrance hallway with a range of cupboards, 26ft open plan kitchen/diner with a range of wall and base units, peninsular breakfast island with pendant lighting, integrated dishwasher, fridge and microwave, Rangemaster, space for American fridge/freezer, wine cooler, granite worksurfaces, larder, hot tap and bi-folding doors. The lounge area has good space to relax in and has a contemporary double sided log burning fire, overhead projector screen for entertainment and views over the grounds. The property also benefits from a utility room with space for a washing machine, cloakroom and a separate reception which could be used as a snug or playroom.
To the first floor there are four double bedrooms, some with built-in cupboards, ensuite to master with walk in drench shower, wall hung vanity unit, heated towel rail and underfloor heating. The family bathroom has a panel bath with shower over, double basin vanity unit, mirrored storage and also has underfloor heating.
Other features to note, spotlights, stable doors, underfloor heating to the ground floor, water softener, wood effect flooring, fibre broadband and Sonos sound system.
The property is in an area of outstanding natural beauty and sits on a bold plot surrounded by grazing land with views over the neighbouring fields. There are three stables, tack room, hay storage shed, field shelter and further outbuildings. The Bill Kear all weather riding arena is floodlit and has been well maintained, you will find a cricket net and a converted garage which could be used as a gym, studio or games room. To the front and The gravel driveway has parking for numerous vehicles and horse transport. For recreational leisure there are plenty of countryside walks and off road hacking along bridlepaths and farm land.
Snag Lane is a short drive from Green Street Green local amenities and Chelsfield, Knockholt and Orpington train stations are the nearest. Further shopping facilities can be found at Orpington, Bromley and Bluewater and there are several recreational grounds and public houses close by. The M25 can be joined for major road networks, Gatwick and Heathrow airports.
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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