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Knights Templar Way, Rochester, Kent
£350,000
Bedrooms
Bathrooms
Reception
The beautiful Cashmere high gloss kitchen, although installed approx. 5 years ago, looks brand new and boasts with built-in appliances including induction hob, eye level double oven with built-in microwave along with clever matching cupboard doors to the storage cupboards in the dining area. There--s plenty of room for a dining table in the kitchen but if you prefer a lounge/diner, the huge approx. 25ft lounge also gives you plenty of space for both sofas and a dining table over looking the rear garden. The lounge and the two bedrooms are all decorated beautifully and have brand new deep pile carpets. Both of the two bedrooms are doubles and have huge windows to the front making the rooms beautifully light and bright. There is a great range of built-in wardrobes to the master with mirrored sliding doors offering plenty of storage. The fully tiled white bathroom finishes off the bungalow to the same high standard.
For those looking for a home that grows with you, this bungalow is really a second to none option! With a HUGE loft space, boarded and ready for inspection, you can extend and double the size of your home. A great precedent has been set on the road so planning permission shouldn--t be an issue but of course will need to be obtained.
Outside to the rear, the raised patio area gives you a great place to sit and take in the sunshine while you enjoy the mature planting and wonderfully green lawn. Again just simply keep up with what--s there and you--ll have a garden to enjoy for many many years. To the front, there are two parking spaces and steps leading down to the front door that could easily be converted into a slope.
Situated on the quiet tree lined Dobson Road just a few houses away from pedestrian access to The Warren green open space and play area. Walk the children up to Riverview Infants or Junior Schools and then onto the shops at Vigilant way for a cup of tea in the cafe or a paper and a pint of milk to take home with you. Riverview Park is also home to Cascades Leisure centre providing great facilities for all the family including gym and fun pool, doctors surgery, dentist and Thamesview Secondary School. You can easily hop on the bus into Gravesend via the frequent services from either Valley Drive or Riverview Park, there is good access to the A2 within just a two minute drive. If you prefer public transport, the is a coach service into London with multiple stops nearby or for those who take the train, Gravesend--s mainline station will get you in to London in under half an hour via the fast service to London St Pancras.
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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