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75/77 Lowfield Street, Dartford, DA1 1HP
£180,000 Guide Price
Bedrooms
Bathrooms
Reception
Guide Price....180,000 to 200,000
McConnells are pleased to offer to the market this chain free two bedroom first floor flat situated on the popular Saxon Park development in Greenhithe. Perfectly located for the commuter the property is approximately 0.3 miles from Stone Crossing station with travel times to central London in under an hour. Also within easy reach is Bluewater Shopping Centre, A2/M25 motorways and local bus routes. The property comprise entrance hall, lounge, kitchen, 2 bedrooms and bathroom. Features include electric heating, walk in wardrobe/dressing room off bedroom 1 and allocated parking for 1 vehicle. The property would ideally suit a first time purchaser or buy to let investor.
ENTRANCE HALL: Built in storage cupboard, electric storage heater, fitted carpet
LOUNGE: 6380m x 3210m (2011ft x 106ft) Bay window with timber framed double glazing, electric storage heater, fitted carpet
KITCHEN: 2510m X 2390m (83ft x 2390ft) Fitted wall and base units in grey, work surfaces, freestanding oven, stainless steel sink, space and plumbing for washing machine, space for fridge/freezer, extractor hood, splashback tiling, timber framed double glazed window and vinyl floor covering
BEDROOM 1: 3380m x 2590m (111ft x 86ft) Fitted wardrobe with mirrored sliding doors and wash hand basin to dressing area, electric wall heater, timber framed double glazed window, fitted carpet
BEDROOM 2: 3380m x 1770m (111ft x 510ft) built in fitted wardrobe, electric wall heater, timber framed double glazed window, fitted carpet
BATHROOM: 2040m x 2390 (68ft x 710ft) Bathroom suite comprising bath with shower mixer tap and shower attachments, vanity unit with inset wash hand basin, wc with concealed cistern, airing cupboard housing hot and cold water tanks
Remaining lease:.......91 years
Service charge p/a...1000 (approx)
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.
75/77 Lowfield Street, Dartford, DA1 1HP
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