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75/77 Lowfield Street, Dartford, DA1 1HP
£190,000 Guide Price
Bedrooms
Bathrooms
Reception
Tenure: Leasehold
Located in the popular development of Covesfield, Gravesend, this two-bedroom first-floor apartment is an ideal opportunity for first-time buyers or investors. The property features two double bedrooms, providing ample space for comfortable living. The lounge is generously sized, offering a versatile area for relaxation and entertainment. Adjacent to the lounge, the modern kitchen is well-equipped with essential appliances, including an oven and refrigerator, and features ample storage space with fitted cabinets.
The bathroom is designed with practicality in mind, featuring a bath with an overhead shower, a was wash hbasin, and a wc. The apartment is part of a well-maintained development that offers secure gated parking, ensuring peace of mind for residents.
Situated close to Gravesend town centre, the property provides easy access to a range of amenities, including shops, restaurants, and cafes. The nearby train station offers convenient transport links, making commuting straightforward for those working in London or the surrounding areas.
With no forward chain, this property is ready for immediate occupancy, making it a practical choice for those looking to move quickly. The apartment's EPC rating of B highlights its energy efficiency, ensuring lower utility costs and a reduced environmental impact.
Overall, this apartment combines modern living with convenience, set in a desirable location with excellent transport links and local amenities.
Lounge: 5.04m x 3.37m (16'6 x 11'1)
Bedroom 1: 4.04m x 3.06m (13'3 x 10')
Bedroom 2: 3.37m x 3.00m (11'1 x 9'10)
Kitchen: 2.82 x 1.85m (9'3 x 6'1)
Lease: 102 years
Service Charge: 1450 p/a
Ground Rent:: 250
Map location is not available for this property.
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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