4 bedroom link detached house for sale

£599,000

4

Bedrooms

2

Bathrooms

Floorplan


Welcome to Prospect Place, where a stylishly renovated family home awaits you. This immaculate property offers the perfect blend of period features and modern touches, creating a warm and inviting atmosphere. Conveniently located within touching distance of the town center, this stunning house is ideal for those who value both convenience and comfort.
Upon arrival, you will immediately appreciate the ample off-road parking available, ensuring a stress-free return home. Step inside, and youll find yourself in a tastefully decorated entrance hallway that sets the tone for the rest of the house. The spacious lounge, complete with a cozy fireplace, is the perfect place to unwind after a long day.
The heart of this home lies in its extensively fitted kitchen, boasting a breakfast bar and an adjoining dining area. The large glazed windows and doors open out to the patio area, creating a seamless transition between indoor and outdoor living spaces. Whether youre preparing a feast for family and friends or simply enjoying a morning coffee, the kitchen area provides both functionality and style.
Upstairs, youll discover four double bedrooms, each offering a tranquil retreat. The main bedroom boasts an en-suite shower room, providing a private sanctuary for relaxation. Additionally, there is a utility room.
One remarkable aspect of this property is the included planning permission for an attached two-bedroom house. This opens up unique possibilities for future expansion or the chance to create an additional source of rental income. Imagine the potential whether it becomes a space for visiting relatives, a home for grown-up children, or an opportunity for investment, the choice is yours.
The generously sized family garden provides ample space for outdoor activities and is an oasis of calm in the heart of the city. Enjoy family barbecues, gardening, or simply bask in the tranquility of your surroundings.
Prospect Place is famed for its desirable location, offering easy access to Canterburys vibrant town center. With its array of shops, restaurants, and entertainment options, theres always something to see or do. Take a leisurely stroll along the charming streets, explore historic landmarks, or simply enjoy the lively atmosphere the choice is yours.
If you have been searching for a stylishly renovated family home with the potential for expansion or investment, look no further than this beautiful property in Prospect Place. Embrace the charm of period features combined with the convenience of modern living. Dont miss your opportunity to own a piece of Canterburys rich heritage schedule a viewing today and imagine the possibilities that await you.
EPC Rating: C
Measurements (In Metres) -
Entrance Hall - 2.658 X 4.620Livingroom - 2.876 X 4.374Reception 2 - 2.539 X 3.670Kitchen/Diner - 3.882 X 6.124
Utility Room - 1.242 X 1.713
Upstairs Landing - 3.716 X 2.583 Bedroom 1 - 3.894 X 3.436Bedroom 2 - 2.546 X 3.855Bedroom 3 - 2.861 X 3.727Bedroom 4 - 2.552 X 2.868 Bathroom - 2.225 X 1.687

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

£ 496875

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

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 14975
  • 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

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£

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

£ 47625
  • 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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