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£975,000
Bedrooms
Bathrooms
To the ground floor;-
Metal framed window and door to front elevation, with electric shutter to the door leading to;-
Office / Retail Space 48-06 x 24-06
Currently being used as a patisserie, with suspended ceiling, air conditioning units.
Flat 1
Hallway wood laminate flooring, electric heater, storage cupboard, inset spot lighting, intercom telephone, doors to;-
Lounge 14-11 x 11-10
UPVC double glazed window to rear elevation, electric heater, wood laminate flooring, inset lighting
Bedroom 11-7 x 9-
UPVC double glazed window to rear elevation, electric heater, wood laminate flooring, inset lighting
Kitchen 10-6 x 8-11
Various eye and base level units with work top over, stainless steel sink and drainer with complimentary tiled splash back, integrated oven, hob and extractor fan, space and plumbing for washing machine, tiled floor, inset lighting
Bathroom
Three piece suite comprising of low level WC, pedestal hand basin and panelled bath with shower over, complimentary tiles splash back, extractor fan, tiled floor
Flat 2
Hallway wood laminate flooring, electric heater, storage cupboard, inset spot lighting, intercom telephone, doors to;-
Lounge
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Bedroom
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Kitchen
UPVC double glazed window to front elevation. various eye and base level units with work top over, stainless steel sink and drainer with complimentary tiled splash back, integrated oven, hob and extractor fan, space and plumbing for washing machine, tiled floor, inset lighting
Bathroom
Three piece suite comprising of low level WC, pedestal hand basin and panelled bath with shower over, complimentary tiles splash back, extractor fan, tiled floor
Flat 3
Hallway wood laminate flooring, electric heater, storage cupboard, inset spot lighting, intercom telephone, doors to;-
Lounge 17-06 x 8-05
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Bedroom 10-01 x 8-09
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Kitchen 9-05 x 9-05
UPVC double glazed window to front elevation. various eye and base level units with work top over, stainless steel sink and drainer with complimentary tiled splash back, integrated oven, hob and extractor fan, space and plumbing for washing machine, tiled floor, inset lighting
Bathroom
Three piece suite comprising of low level WC, pedestal hand basin and panelled bath with shower over, complimentary tiles splash back, extractor fan, tiled floor
Flat 4
Hallway wood laminate flooring, electric heater, storage cupboard, inset spot lighting, intercom telephone, doors to;-
Lounge 17-06 x 8-05
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Bedroom 10-01 x 8-09
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Kitchen 9-05 x 9-05
UPVC double glazed window to front elevation. various eye and base level units with work top over, stainless steel sink and drainer with complimentary tiled splash back, integrated oven, hob and extractor fan, space and plumbing for washing machine, tiled floor, inset lighting
Bathroom
Three piece suite comprising of low level WC, pedestal hand basin and panelled bath with shower over, complimentary tiles splash back, extractor fan, tiled floor
Flat 5
Hallway wood laminate flooring, electric heater, storage cupboard, inset spot lighting, intercom telephone, doors to;-
Lounge
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Bedroom
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Kitchen
UPVC double glazed window to front elevation. Various eye and base level units with work top over, stainless steel sink and drainer with complimentary tiled splash back, integrated oven, hob and extractor fan, space and plumbing for washing machine, tiled floor, inset lighting
Bathroom
Three piece suite comprising of low level WC, pedestal hand basin and panelled bath with shower over, complimentary tiles splash back, extractor fan, tiled floor, double shaving point.
Flat 6
Hallway Inset spot lighting, intercom telephone, wood laminate flooring, electric heater, storage cupboard, doors to;-
Lounge
UPVC double glazed window to front elevation, wood laminate flooring, and electric heater with inset lighting
Bedroom
UPVC double glazed window to front elevation, electric heater, wood laminate flooring, inset lighting
Kitchen
UPVC double glazed window to front elevation. Eye and base level units with work top over, stainless steel sink and drainer with complimentary tiled splash back. Integrated oven, hob and extractor fan, space and plumbing for washing machine, tiled floor, and lighting
Bathroom
Three piece suite comprising of low level WC, pedestal hand basin and panelled bath with shower over, complimentary tiles splash back, extractor fan, tiled floor, double shaving point.
The basement at the property is spacious and accessed from the communal hallway.
There is a small enclosed rear area, from which the fire escapes access.
Viewings are available, with 48 hours notice, as the apartments do have tenants.
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.
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