Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£395,000 Guide Price
Bedrooms
Bathrooms
ANDREW COWEN ESTATE AGENTS WELCOMES to the market this FULLY RENOVATED, DOUBLE FRONTED THREE STOREY PERIOD PROPERTY, BRIMMING WITH EXTERIOR CHARACTER, located on the POPULAR SOUTH SIDE of Scarborough, offering SEVEN BEDROOMS, THREE LARGE RECEPTION ROOMS, NEW KITCHEN AND SEPARATE UTILITY. Would be an ideal opportunity for a RANGE OF BUYERS, MULTI-GENERATIONAL LIVING, AND INVESTORS ALIKE. This is A MUST-SEE property to really appreciate the SPACE ON OFFER. NO ONWARD CHAIN.
'''This property briefly comprises'''
NEW ROOF, KITCHEN AND BATHROOMS
RE-WIRED, NEW UPVC WINDOWS
NEW CARPETS THROUGHOUT
GROUND FLOOR, three good-sized reception rooms, NEW kitchen with integrated oven, hob and extractor, a range of base and wall units in a white gloss finish, utility room and separate WC.
FIRST FLOOR, four double bedrooms, with the main one having a dressing room and large en-suite shower room and a three-piece family bathroom.
SECOND FLOOR, three double bedrooms with two having dressing rooms, and a large family shower room.
This property is conveniently situated to the South of Scarborough in a desirable residential area just minutes away from the famous Esplanade where you can enjoy strolling above the Spa and looking over the Italian gardens towards the harbour, historic old town and the sea. The property also offers excellent access to a wealth of amenities including, local shops, Scarborough South Bay, Scarborough Town centre, schools and the University Campus.
DONT MISS OUT ON THIS OPPORTUNITY, please call one of our friendly sales team on to arrange your viewing today!
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
