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75/77 Lowfield Street, Dartford, DA1 1HP
£310,000 Guide Price
Bedrooms
Bathrooms
Reception
Guide Price310,000 to 330,000
Offered with no forward chain McConnells are delighted to bring to the market this well presented 2 bedroom house situated in the desirable area of Wilmington on the outskirts of Dartford. Perfectly located the property is within easy access the local boys and girls Grammar schools as well as the A2/M25 motorways. To the ground floor the property comprises lounge and kitchen with 2 bedrooms and bathroom to the first floor.
Lounge: 115 x 11 (3.48m x 3.36m) Timber panelled door, ornate fire place with surround, timber framed window, fitted cupboard housing gas & electric meters, wood stained floor boards, double radiator
Kitchen: 115 x 11 (3.48m x 3.36m) Fitted wall and base units with wood block effect worksurfaces and splashback tiling, built in electric oven, electric glass hob and extractor hood, 1 bowl ceramic sink with drainer with chrome monobloc tap, space for washing machine and fridge/freezer, UPVC double glazed window, tiled floor, double radiator, timber glazed door leading to rear garden
Bedroom 1: 115 x 11 (3.48m x 3.36m) Exposed white washed brickwork feature wall, timber framed window, fitted carpet, double radiator
Bedroom 2: 810 x 7'11 (2.71m x 2.41m) Built in cupboard housing gas fired central heating boiler, UPVC double glazed window, fitted carpet, double radiator
Bathroom: 511 x 5'8 (2.71m x 2.41m) White bathroom suite comprising panelled bath with chrome shower mixer tap and attachments, wc, wash hand basin with chrome taps, part tiled walls with central border, extractor fan, vinyl floor covering, double radiator
Rear Garden: 59ft (18m) Paved patio area, lawn and mature shrubs and plants, shed and garden tap
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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