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Market House,, SN3 1QY
£120,000
Bedrooms
Bathrooms
Reception
5,000 Cash on Completion
To make your move that bit easier, the seller is offering the successful buyer 5,000 in cash on completion yours to spend however you like. New furniture, the finishing touches, the cost of moving, or simply a healthy buffer in the bank for those first few months in your new home. Knock 5,000 off an asking price and you'd barely notice it on the monthly mortgage; 5,000 in your account the day you collect the keys is something you'll genuinely feel.
Or for investors, the 5,000 effectively covers your additional-rate stamp duty ask us for the figures.Ask us how it works it's simpler than you'd think.
Located in Swindon, this furnished one-bedroom flat at Paramount on Beckampton Street provides a comfortable and contemporary living environment. The property features one double bedroom, a bathroom, and a reception area, all designed to maximize space and functionality. The kitchen is equipped with modern appliances, including a fridge freezer, microwave, washing machine, and oven/hob, ensuring convenience for everyday living.
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.
Market House,, SN3 1QY
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