3 bedroom detached for sale

£650,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

THE PROPERTY Amberley House extends to approximately 1,354 sq. ft. and is arranged over two floors. The ground floor provides a welcoming entrance hallway, cloakroom/WC and two well-proportioned reception rooms: a 1511" x 123" living room with feature fireplace, and a 105" x 105" dining room. The fitted kitchen (120" x 104") offers direct access to the garden and scope for updating.

Upstairs, the accommodation comprises three bedrooms, including a principal bedroom (193" x 102") with fitted wardrobes and its own en-suite WC. The two further bedrooms are served by a family bathroom. Additional built-in storage and eaves cupboards provide practical space.

OUTSIDE SPACE The property enjoys a private rear garden, mainly laid to lawn with mature borders and plenty of potential for landscaping. To the front, there is off-road parking, large front garden area with potential to create a further enclosed garden, leading to a detached double garage (166" x 175") with electric door. Further storage areas are incorporated externally, adding to the homes functionality.

LOCAL AREA Set on quiet Back Lane, Amberley House is ideally located in the sought-after village of Goudhurst, renowned for its quintessential Kentish character and strong sense of community. The village provides local shops, cafs and pubs, with wider amenities in Cranbrook and Tunbridge Wells. Families benefit from access to well-regarded schools including Goudhurst & Kilndown Primary and Bethany School. For commuters, Marden and Paddock Wood stations offer direct services to London, while the A21 provides road links to the M25.

Map location is not available for this property.

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

£ 538950

Mortgage Loan to Value

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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
    £ 16250
  • 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

£ 51450
  • 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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