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£465,000 Guide Price
Bedrooms
Bathrooms
''CHAIN FREE'' - A luxurious two double bedroom 900 SQFT ground floor maisonette enjoying two high-spec bathrooms, gated allocated parking & a private balcony spanning the total width of the property.
This stunning apartment enjoys approximately 900 SQ FT of living space and has been finished and upgraded by current vendors to a very high standard throughout. Accessed on street level with your own private entrance door and featuring high ceilings throughout the accommodation including a large entrance hall, open plan living/kitchen room with high-end integrated appliances. There are also two double bedrooms, two luxury bathrooms and a private balcony.
The property is located on the edge of Hertfords charming Town Centre and just seconds away from Hertford East BR & Hartham Common.
Further benefits include gas central heating, a long lease and secure allocated parking accessed via electric gates.
This property is expected to attract a high level of interest, so please call now to arrange a viewing.
Entrance Hall -
Open Plan Lounge/Kitchen/Diner - 6.30m x 4.62m (208' x 151') -
Private Balcony -
Bedroom 1 - 6.20m x 3.89m (204' x 129') -
Ensuite Shower Room -
Bedroom 2 - 4.04m x 2.97m (133' x 98') -
Family Bathroom -
Secure Gated Allocated Parking -
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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