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71 – 75 Shelton Street, Covent Garden, London
£175,000 Guide Price
Prime Woodland Land for Sale on The Straight Mile, Romsey
An exceptional opportunity to acquire approximately 5 acres of prime woodland, located on the prestigious Straight Mile in Romsey.
The land offers large open spaces mainly covered with shrubs, as well as surrounding woodland.
Benefitting from access directly off the Straight Mile with no restricted right of ways.
The land backs onto the renowned Hilliers Gardens land, and adjacent to the Braishfield development site.
Currently, there are no utilities or water connections to the site.
There is no planning permission on the site and any future development or alternative use would be subject to planning permission.
Interested parties are encouraged to make their own enquiries regarding any development possibilities, or usage requirements.
Contact us today to arrange a viewing or for more information.
SERVICES
There is currently no services.RIGHTS OF WAY
The land is sold subject to and with the benefit of all matters contained in or referred to in the title deeds together with all public or private rights of way, wayleaves, easements and other rights of way. There are no public rights of way crossing the land.
TENURE & POSSESSION
The land is being offered for sale on a freehold basis with vacant possession.
DIRECTIONS
From Romsey proceed towards Winchester on A309. Upon entering the stretch of The Straight Mile, the gate and land access can be located on the left land side, just by the highways national speed limit sign.
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.
71 – 75 Shelton Street, Covent Garden, London
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