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£75,000
Bedrooms
Bathrooms
Sstc-New instruction, For Sale!
43 Combe Street, Cleethorpes, DN35 7RE
Aston Estates are extremely pleased to present this excellent investment opportunity for a 3 bedroom mid-terraced property situated on the outskirts of the seaside resort town of Cleethorpes.
The property further consists a large through lounge to the front of the dwelling overlooking the low maintenance front garden.
The room is ample in space and size so accommodating all the household items will be no issue.
The kitchen is the next room along, which has an array of wall and base units along with the rest of the property. This could do with a scheme of modernisation to bring it up to its true potential, but it does really depend on your grand designs.
The rear garden sits of the kitchen again following the front garden, in the same theme low maintenance. The rear garden is very private.
The first floor again is spacious and generous with all three bedrooms and the family bathroom is ample in space, which has a bath, W/C and washbasin for all those bathing and washing requirements.
It is a first to see will buy property. Early viewing is highly recommended, viewing is strictly via agents.
75,000
(Please note we strongly advise you take legal advice in confirming if the property is leasehold or freehold)
Summary
3 Bedrooms
GCH
Full UPVC
Gardens front and rear
Ideal investment property
First time buyers
Close to the seaside resort of Cleethorpes
Measurements
Bedroom 1 13ft 4' x 11ft 8'
Bedroom 2 12ft 5' x 8ft (both into chimney)
Bedroom 3 8ft x 5ft
Bathroom 7ft 11' x 4ft 10'
Through lounge 26ft 2' x 10ft 4'
Kitchen 21ft x 7ft 11'
Hallway 11ft x 3ft
Please note we strongly advise you taking legal advice in confirming if the property is leasehold or freehold.
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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