5 bedroom semi-detached for sale

£425,000

5

Bedrooms

2

Bathrooms

3

Reception

Floorplan

This attractive Georgian beauty offers so much more than you can imagine. Great room sizes and high ceilings in all five double bedrooms and three reception rooms, making this home perfectly versatile. Set over four floors, you--re greeted by a cavernous Entrance Hall leading to the attractive lounge with bay window flooding the room with light and attractive period fireplace. Opposite is Bedroom Five which not only offers a fantastic dressing room or study space but also has direct access to the garden with its own terrace where you can sit and listen to the birds in your own private haven. Perfect for older children still at home.

Downstairs leads you to the family area where you really can--t say that there isn--t enough room for a large family to be together and yet be apart! The galley style kitchen has plenty of storage space but also boasts a wine cellar at one end and a laundry room at the other, hiding away the noisy appliances. From the laundry room you access the wet room, perfect for guests at dinner parties, barbeques and ensuring that there--s no queue for the bathroom week day mornings. The main area downstairs is as always the dining space, giving ample room for a large dining table and leading onto both the garden room and huge basement storage room - with a little TLC this room measuring a huge 14ft x 14ft could be so much more than storage!

Upstairs to the second floor, there are two large double bedrooms with family bathroom, that is certainly one of the biggest bathrooms we--ve seen for a while and up to the third floor where you will find two further bedrooms with delightful character ceilings but still offering the space that we--ve come to expect from a bedroom.

Outside the long established rear garden has been cleverly sectioned with arches creating an attractive space to enjoy the quiet or via the use of Kev--s bar, a great party space too! The front garden pushes this home back from the main road giving you a sense of privacy and quiet as well as giving the house a great deal of curb appeal. Parking permits are available at a cost of approx. 40pa and allow you to park in several surrounding roads as well as the bays within Windmill Street itself giving you your choice of parking within just a few short steps.

The current owner not only uses this fantastic space as her family home but given the versatile layout is also able to generate an income from room rentals, certainly a bonus to consider once all the children leave the nest?

Situated in Gravesend town centre just under a 5 minutes walk from Gravesend--s mainline station, offering fast services to get you into London in approx. half a hour. A short five minute drive will get you to the A2 and a further ten minutes to the M25 motorway network or over into Essex.

Nearest Stations:

0.31 miles
Gravesend
1.87 miles
Tilbury Town
2.03 miles
Northfleet
2.12 miles
Ebbsfleet International
2.7 miles
Swanscombe

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

£ 353325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 10625
  • 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

£ 34575
  • 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.

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