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£750,000 Guide Price
Bedrooms
Bathrooms
Located in the sought after Farningham Mill Estate which was updated and redeveloped in 2013/14, is this tranquil development offers an amazing opportunity to purchase your own share of this serene estate. The accommodation on the ground floor includes a welcoming entrance hall leading to a tri-aspect lounge/dining room, a dual-aspect kitchen/breakfast room, a cloakroom, and stairs to the first floor.
On the first floor, youll find a fabulous master bedroom with an ensuite shower room, a second bedroom, and a luxuriously appointed family bathroom featuring both a bath and a separate shower. Stairs lead to the third bedroom, providing ample space for family or guests.
Outside, enjoy a private patio with access to the parking area and expansive 3 acres of grounds. The grounds boast, a manicured walled garden watched over by a nymph, a summer house with a stone patio, a meadow lawn surrounded by trees, and even a pool fed by a weir.
If you aspire to live in a traditional style yet modern home in the heart of a charming village, with access to London just a 30-minute train ride away, look no further.
Exterior
Front Pedestrian access via timber gate to front. Electrically operated gates providing access to off street/allocated parking.
Private Storage room.
Private Patio/Garden Accessed directly from either kitchen/breakfast room or dining room via French doors providing a private space for relaxing or entertaining. Secure gate to parking area and estate grounds.
Communal Gardens Access to 3 approximately acres of beautiful grounds - Offering a wonderful real grass lawn, walled garden, Summer House with power and light which may be used by appointment for private functions, private stream with swimming area (when temperature allows) and weir with unparalleled views of the surrounding countryside.
Key Terms
Tollgate Yard is part of the Farningham Mill Estate which underwent redevelopment in 2014. The property has been owned from new (2014). Although not freehold technically, it offers a 1/20th share of the development with a lease designating the allocation of the property. Within the share of freehold, you have free access to approximately 3 acres of grounds which include allocated parking, walled garden, orchard meadow and summerhouse and even a natural pool.
In accordance with the Estate Agency Agent 1979 we would like to point out the owner of this property is related to a member of staff within the Robinson Jackson Group.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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