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1440b Wimborne Road, Kinson, Bournemouth Dorset
£100,000
Bedrooms
Land to the rear of 21-23 Gillam Road Northbourne with Planning Permission for a 2 Bedroom First Floor Flat above a Good Sized Double Garage.
Land to the rear of 21-23 Gillam Road Northbourne with Planning Permission for a 2 Bedroom First Floor Flat above a Good Sized Double Garage.
SERVICES/UTILITIES AND MATERIAL INFORMATION:
Mains Gas: NO
Mains Electric: NO
Mains Water: NO
Mains Sewerage: NO
Broadband: NO
Broadband Speed: Max 80mbps Available
Solar Panels: No
Asbestos Risk: NO
Flood Risk Area: NO
Mobile Signal: Good
Parking: GARAGE
Construction: Standard
Community/Service Charge: COMMUNITY INFASTRUCTURE LEVY APPROX 12,508.33.
Restrictions or Easements: Vendor unaware of any
Other Important Information : None
Chain/Timescale: A.S.A.P.
The above Services together with associated equipment and fitted appliances (if included) have not been tested by Blackstone Estate Agents and are subject to each of the Authorities own Regulations. Blackstone have inspected the property solely for the purpose of preparing the property particulars and have not carried out any survey. We have looked into the material information above but cannot confirm total accuracy so any interested party is highly recommended to carry out their own investigations or survey to satisfy themselves on any matters that are specifically important to them.
DIRECTIONS From the centre of Kinson, proceed along the main Wimborne Road in an Easterly direction towards Northbourne and turn right at the traffic lights into East Howe Lane. Follow along into Leybourne Avenue and take the 1st turning on the right into Gillam Road.
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.
1440b Wimborne Road, Kinson, Bournemouth Dorset
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