Your honest opinions please , I need a reality check

[Oddsocksrus]

www.rightmove.co.uk/property-for-sale/property-41120593.html?backListLink=%2Fproperty-for-sale%2FHigh-Halden.html&onetime_justRegistered=true&onetime_savedPropertyId=41120593#summary41120593

We are utterly sold on this, I need a realism shot I think.

1. This is absolutely at the top of our budget, we would like income from the flats to underwrite the mortgage to enable us to do the work required. What are the realistic chances of raising enough regular income to do this, reliably?
2. It needs work, walls need to come out, new kitchen, bathroom and an ensuite for the master bedroom.
3. The flats are sharing the garden, we are going to be driven mad by other people in our garden, aren't we?
4. At the moment we are in a nice semi, with only three houses in the middle of the woods, in the middle of bugger all. This is next to the Ashford road, I doubt if there is a time when it is quiet.. How much is that going to bug us?

For size, location, potential this is practically perfect and we would really love our next home to be somewhere with real character. We have pretty much outgrown this home though we love it because we have built on and extended it a lot making it ours. We are just bursting out of the seams.

Are we mad? It has been relisted think so the price is probably negotiable to a degree

Definitely check into tax/mortgage/council tax implications for the lets. If they used to be let why aren't they now? No money in it? Strongly worded letter fro the council?...

Looking at the floorplan the 2 flats make much more sense to me as a 2 bed house don't know how that would affect income/letability though

Council tax is a shocker
1 flat is band A one band B that makes them £2000 a year then the house on top which will be band H at another £3000

Well we'd have to keep them full to make that feel less painful!

At present the flats haven't been let for a couple of years and the main house hasn't been lived in for a year as the owners have been abroad

Hmmmmmm

As the properties have been empty you will be liable for the full amount from day one of ownership.

Some councils have discontinued the 6 months exemption for empty properties and I believe some councils now charge 125% or more for properties empty in excess of one year.

Under 18s are exempt from council tax as are various other categories.