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75/77 Lowfield Street, Dartford, DA1 1HP
£560,000
Bedrooms
Bathrooms
Reception
Asking Price..560,000.
Situated in one of Barnehursts most sought after locations McConnells are pleased to bring to the market this 3/4 Bedroom Detached Chalet Bungalow offered with no forward chain. Perfectly located amenities, Barnehurst train station, bus routes as well as A2/M25 motorways are all within easy reach.
The property comprises entrance hall, lounge, dining room/bedroom 4, double bedroom, kitchen and bathroom to the ground floor with two double bedrooms and ensuite wc to the first floor.
In our opinion the property would benefit from renovation as well as great potential to extend (STPP)
Entrance Hall: UPVC double glazed window, radiator, stairs leading to first floor
Lounge: 175 x 133 (5.30m x 4.04m) Double glazed patio doors, gas fire with brickwork surround and radiators
Dining Room/Bedroom 4: 94 x 91 (2.85m x 2.77m) UPVC double glazed bay window, radiator
Kitchen: 10 x 94 (3.04m x 2.85m) Oak effect wall and base units, stainless steel sink with drainer and mono bloc tap, UPVC double glazed door and window, radiator, gas fired central heating boiler
Bathroom: 95 x 71 (2.88m x 2.16m) Sunken bath with shower over, wc, wash hand basin, built in storage cupboards, radiator, UPVC double glazed window
Bedroom 1: 139 x 94 (4.18m x 2.85m) Fitted wardrobes, UPVC double glazed bay window and radiator
Bedroom 2: 1411 x 911 (4.54m x 3.02m) Fitted wardrobes and cupboards, UPVC double glazed window, radiator
En suite wc: UPVC double glazed window, wash hand basin, wc and eaves storage cupboard
Bedroom 3: 109 x 910 (3.28m x 2.99m) UPVC double glazed window, fitted wardrobes, radiator and eaves storage cupboards
Garage: Generous size with electric up and over door, power and lighting
Garden (front) Block paved driveway for 3 cars, lawn and mature plants and shrubs
Garden (rear) Paved patio area, lawn, well stocked planted borders
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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