Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£950,000
Bedrooms
Detached 17th century Kent Peg farmhouse in 2/3 acre plot
Elevation: 85m OS map ref: 338470
Midway between Deal and Dover, less than 2 miles inland from beautiful St Margarets Bay and between two AONBs, is the unspoiled village of Martin. Public footpaths and woodland walks abound, including the North Downs Way and the White Cliffs Country Trail.
In the Martin Conservation Area, at its heart next to The Lantern pub, lies Martin Farmhouse (not listed), a wonderful family home for the present owners for 37 years.
Travel:
High Speed train link to London (St Pancras International 1 hrs) from Martin Mill station just 500m away.
Local services bus stop outside.
Dover Ferry port 3 miles; Channel Tunnel 12 miles.
A2(M2) 2 miles; A20 (M20) 3 miles; M25/ Dartford Crossing 65 miles.
Dover and Walmer Castles 3 miles; Marlowe Theatre and Canterbury Cathedral 17 miles.
Ground floor:
Large oak-beamed kitchen
French tumbled limestone floor with electric underfloor heating
Bespoke hardwood kitchen units in Farrow & Ball dcor
Shaws 1m fluted butler sink with Perrin & Rowe mixer, Insinkerator waste disposal unit and boiling water tap
AGA TC oven
French doors out to patio
Utility laundry room with stable door to patio
Office (Zen fibre link) / 5th bedroom
Dining room with Mors, Squirrel woodstove
Steps down to wine cellar
Trap door (currently covered and not used) down to vaulted brick-built water cistern of some 3 cu.m [Another similar cistern pre-mains connection may exist at the other end of the room]
Cloakroom / WC with Wm Morris Brer Rabbit dcor
French doors through to reading room / music gallery
Lower ground floor:
Oak catslide staircase down to stunning flitch-beamed lounge with large inglenook and Mors, Owl woodstove.
French doors out on to rear garden. Green sedum roof above.
First floor:
3 double bedrooms (not ensuite) and nursery bedroom
Family bathroom with airing cupboard
Annexe - ideal for separate independent living, yet connected to main house through two doors:
First floor-
Double bedroom
Bath / WC/ shower room
Airing cupboard leading down to
Ground floor-
Lounge / diner
Galley kitchen with stable door side entrance
Oil-fired boiler (no gas in Martin)
Outside:
Double garage with rear wood store
Parking for up to seven cars on two drives
Rear garden with wildlife pond, mature flowering shrubs and trees including sycamore, ash, oak, holly, horse chestnut, hawthorn and hazel.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
