4 bedroom detached for sale

£825,000 Fixed Price

4

Bedrooms

2

Bathrooms

Floorplan

Exquisite Four-Bedroom Detached Family Home in Desirable Harkness Drive, KentDiscover this stunning four-bedroom detached family home in a highly sought-after Kent location, offering spacious living, modern amenities, and a beautiful garden.Nestled in the highly desirable Harkness Drive, Kent, this exquisite four-bedroom detached family home presents an exceptional opportunity for discerning buyers seeking a blend of luxury, comfort, and convenience. Boasting an enviable location, the property is within easy walking distance of the vibrant town centre, offering an array of shops, restaurants, and local amenities. Families will particularly appreciate its close proximity to the esteemed St Edmunds and Kent College, making the morning school run effortlessly simple.Upon entering, you are greeted by a sense of spaciousness and thoughtful design. The ground floor is generously proportioned, featuring a large, inviting lounge that seamlessly connects to an adjoining garden room. This versatile space is bathed in natural light, providing the perfect setting for relaxation, entertaining guests, or enjoying quiet moments overlooking the garden. The heart of this home is undoubtedly the modern fitted kitchen, a culinary enthusiasts dream, which flows effortlessly into the adjoining dining room. Equipped with stylish bi-fold doors, the dining room opens directly onto the rear gardens, creating a seamless indoor-outdoor living experience ideal for al fresco dining and summer gatherings.Further enhancing the practicality of the downstairs accommodation are a convenient downstairs toilet and a separate utility room, ensuring everyday living is both organised and efficient. Ascending to the first floor, you will find four well-proportioned bedrooms, each offering a comfortable and private retreat. The main bedroom is a true sanctuary, benefiting from its own en-suite facilities, providing a private haven for the homeowners. A contemporary family bathroom serves the remaining bedrooms, designed with modern fixtures and fittings.Externally, the property truly shines. The good-sized, sunny garden is a particular highlight, offering a private oasis that is not directly overlooked, ensuring peace and tranquillity. This outdoor space provides ample room for children to play, for keen gardeners to cultivate, or simply for enjoying the sunshine. Parking is abundant, with a double garage providing secure storage and additional off-road parking available for multiple vehicles, a significant advantage in this sought-after area.Adding to the appeal of this magnificent home is the significant benefit of no chain above, promising a smoother and potentially quicker transaction process for prospective purchasers. This property is not just a house; its a lifestyle opportunity, combining elegant living spaces with an unbeatable location.Guide Price: 825,000 (Fixed Price)


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

£ 683325

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
    £ 20625
  • 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

£ 64575
  • 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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