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75/77 Lowfield Street, Dartford, DA1 1HP
£310,000
Bedrooms
Bathrooms
Reception
Offered with no forward chain McConnells are pleased to bring to the market this 3-4 bedroom Victorian mid terraced house. Located in the semi-rural area of Hawley with Dartford town centre within easy reach as well as mainline train station and A2/M25 motorways. In need of modernisation the property is a blank canvas and would be well suited to a purchaser looking for a project or the first time purchaser.
Accommodation comprises lounge, dining room, kitchen and bathroom to the ground floor with 2-3 bedrooms to the 1st floor and bedroom to the 2nd floor.
There is vehicle access to the rear of the property with potential to create off road parking.
Lounge: 3.64m 3.30m (1111 x 1010) Double glazed window and door, feature fire place with surround and exposed brickwork chimney breast, Oak effect laminate floor covering, radiator
Dining Room: 4.31m x 3.64m (142 x 1111) Double glazed window, exposed brickwork chimney breast, radiator, stairs leading to 1st floor
Kitchen: 2.76m x 2.10m (91 x 611) Fitted wall and base units with surfaces, stainless steel sink with monobloc tap, electric oven and gas hob, Vaillant gas fired combination boiler, double glazed window and door
Bathroom: Bathroom suite comprising wash hand basin, bath and wc. Fully tiled walls, double glazed window
Bedroom 1: 4.77m x 3.01m (158 x 910) Velux window stairs leading to 1st floor
Bedroom 2: 3.64m x 3.37m (1111 111) Fitted wardrobes, double glazed window, radiator
Bedroom 3: 3.64m x 3.30m (1111x 1010) Double glazed window, radiator, stairs leading to 2nd floor
Bedroom 4/Dressing Room: 2.76m x 2.10m (91 x 611) Double glazed window, Shower cubicle
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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