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£400,000 Guide Price
Bedrooms
Bathrooms
Charming 2-Bedroom Home with Garden Room in Upper Grosvenor Road, Tunbridge Wells presented to a very high standard.
Situated in a sought-after location on Upper Grosvenor Road, this well-presented two-bedroom home offers a perfect blend of character, convenience, and modern living.
The sitting room has a window to the front and log burner making a very cosy room, this leads to the modern fitted kitchen/diner, a spacious room which has underfloor heating. There is ample space for a table and there are plentiful floor and wall cupboards, a fitted electric oven and gas hob, dishwasher and fitted microwave. The rear lobby has the washing machine, a drying area and useful storgage areas and leads to the pretty garden.
The first floor has two well-proportioned double bedrooms. A stylish family bathroom with white suite with a bath and stand alone shower, this completes the interior accommodation.
The garden has steps leading to a spacious seating area, there is an area of lawn, several raised vegetable beds and borders with shurbs and flowers. One of the standout features of the beautifully maintained garden, is thefully insulated garden room perfect for remote working, a creative studio, or a peaceful retreat.
This home is perfect for first-time buyers, downsizers, or investors looking for a well-located property with excellent transport links, the A21 with links to the M25, M2 and M20 is a short drive away, whilstHigh Brooms station, is a very easy walk away ideal for commuters while also being close to Tunbridge Wells vibrant town centre, parks, and amenities.
We would recommend early viewing.
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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