3 bedroom detached for sale

£950,000 Offers over

3

Bedrooms

3

Bathrooms

Floorplan

Occasionally, a very rare opportunity comes to the market that captivates only the most discerning buyers. Nestled in an idyllic and private plot, with far reaching views to the Thames and beyond, this 2/3 bedroom property on the highly sought after and desirable Pear Tree Lane, Shorne offers a remarkable opportunity to create a dream home in a prestigious location.
The current owners have thoughtfully updated the interior with quality materials and fittings. The current ground floor accommodation of this home features an entrance hall, separate lounge, a spacious and stylish bespoke kitchen/diner which offers views across the garden. It also comprises a family bathroom, a pantry / utility and a storage / office area.
The first floor is where you will find the two double bedrooms, accompanied with two marble clad en-suites. The bedroom to the rear offering breath taking panoramic views that stretch to the horizon, reaching out to the Thames and beyond.
Outside, the well tendered grounds offer an opportunity for the family to enjoy a private environment, providing the beauty of specimens like buxus, acers, azaleas, rhododendrons etc. as well as fruit trees.
We have been advised by the current owners that the property benefits from approved permitted development rights to extend to a substantial 5-bedroom country residence with 4 en-suites, a bathroom, a large kitchen / family room overlooking the stunning garden to the rear, a second living room / family room at the front, a separate pantry, an office, a gym, a double garage and 4 large additional outbuildings. Prospective buyers are encouraged to conduct their own due diligence to verify the details of the permitted development for the proposed extensions.
Shorne is a picturesque village offering local shops, public houses, church and primary school. Adjacent to Shorne village there is Shorne Wood Country Park, an area of outstanding natural beauty designated a site of special scientific Interest for its wildlife value.
The village is within easy reach of Gravesend and the Medway towns including Rochester which boasts a selection of shops, boutiques, restaurants and schools, both state and independent, including Kings School. Other well regarded schools nearby include Gravesend Grammar School, Cobham School for girls and Gads Hill School.
The property is conveniently positioned for access to the A2 and onto the M25 linking to both Gatwick and Heathrow airports, Bluewater Shopping Centre as well as the International railway station at Ebbsfleet offering a 17 minute link to London St. Pancras. The commuter is well served by a coach service running from the area to London, together with main line railway stations at Sole Street and Higham on the Victoria and Cannon Street line respectively.
ENTRANCE HALL:
STORE ROOM:
LOUNGE/BEDROOM: 147 x 142
KITCHEN/DINER/FAMILY ROOM: 25 x 222
UTILITY ROOM: 108 x 9
GROUND FLOOR BATHROOM: 101 x 56
LANDING:
BEDROOM: 13 x 910
EN-SUITE SHOWER ROOM:
BEDROOM: 1310 x 115
EN-SUITE SHOWER ROOM:
DRIVEWAY PARKING
GARAGE

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

£ 775200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 23750
  • 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

£ 62700
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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