48 Holborough road Snodland Kent ME65PB
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01634 304 326
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Recently refurbished throughout with a brand new 190 year approx lease, with No Onward Chain
This top floor apartment has been refurbished throughout to a great standard and boasts a great sized kitchen as well as fantastic sized lounge, double bedrooms & a lovely shower room with separate WC.
Ideally located for all local amenities being just a short walk away including Folkestone Central Station offering a 40-minute commute to London, 5-minute walk to the town centre, 10-minute walk to the beautiful Leas on the seafront and the exciting Harbour Arm and Creative Quarter area which continues to undergo a massive regeneration programme making Folkestone a truly desirable place to be. Furthermore, France and the Continent is so easily accessible via nearby Channel Tunnel and Dover Ferry Port.
GROUND RENT £300 - PA
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.