5 bedroom detached for sale

£900,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

Welcome to Grove, where a spacious and elegant 5-bedroom house awaits you. This delightful family home, built in 1967, is set in tranquil gardens spanning approximately 1/3 of an acre, surrounded by the beauty of orchards and fields. If youre seeking a peaceful sanctuary with stunning countryside views, this property is an absolute must-see.
Upon entering, youll be greeted by a grand reception entrance. Leading from the entrance hall, youll find a large 31 x 14 reception room providing flexibility for various living arrangements. There is a separate 16 x11 dining room and a 31 x 9 sun-room providing plenty of space to relax and entertain.
The cottage-style kitchen offers a cosy ambience that will surely inspire your culinary creations. It also includes a utility area and access to a cellar, currently used as a workshop with benches, extensive shelving for storage, as well as being the perfect place for storing wine.
As you ascend the solid oak staircase from the entrance hall to the galleried landing there are five bedrooms, spanning two floors, each boasting breathtaking countryside views and abundant space. The home includes two spacious family-sized bathrooms, as well as a separate downstairs toilet, ensuring convenience and comfort for all.
Outside, is a pitched-roof double garage, ensuring ample parking with a boarded loft for additional storage. A charming greenhouse awaits your green fingers, and a separate vegetable plot offers the ability to enjoy fresh produce. The beautiful, mature, and heavily stocked family garden provides a haven for relaxation and outdoor activities.
If you crave the best of both worlds, this property is ideally located. Situated within 2 miles driving distance of the popular villages of Stodmarsh, Wickhambreaux, Ickham and Preston, you can explore the quaint charm of the countryside, the local pubs and array of village activities whilst still enjoying the convenience of city amenities. Nature enthusiasts will be delighted to discover the Stodmarsh National Nature Reserve within a 15-minute walk, offering endless opportunities for outdoor adventures within the Reserve and boating at nearby Grove Ferry. The home is within easy driving distance of Canterbury and the coast, and the main links to London by either road or rail are conveniently close by.
Dont miss the chance to make this beautiful property your new family home. Contact us today to arrange a viewing and experience the tranquility and natural beauty that awaits you.

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

£ 745200

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

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 22500
  • 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

£ 70200
  • 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

£

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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