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£1,350,000 Guide Price
Bedrooms
Bathrooms
The Magistrates Courts at Old Shire Hall are now within a year of completion, marking the final stages of this extensive four-year restoration project.
Now available for sale, each of these unique properties offers the opportunity to be part of this historic building, just a short walk from the town centre. Each home includes secure parking for two cars.
The properties will retain many original features, while being finished to an exceptionally high standard throughout. Specifications include bespoke kitchens by Plain English and premium sanitary ware from C.P. Hart.
This remarkable development is scheduled for completion in Spring 2026.
K I T C H E N
Kitchen designed and supplied by Plain English with quartz
worktops, quality integrated fridge freezer, double oven,
dishwasher, induction hob, hood and wine cooler.
E N S U I T E S B A T H R O O M S
& C L O A K R O O M S
Designed and supplied by CP Hart, white sanitaryware,
ceramic wall tiles, heated towel rails.
F L O O R F I N I S H E S
Tiling to wet areas in bathrooms, en suites and cloakroom.
Karndeen to kitchen and hallways.
Quality carpeting to bedrooms.
I N T E R N A L W A L L S
Matt emulsion to all walls and ceilings with original timber
carpentry, cornice and ceiling mouldings retained.
I N T E R N A L D O O R S
Original or reclaimed doors restored to their original
fi nish with appropriate door furniture
H E A T I N G A N D P L U M B I N G
Gas mains condensing boiler, vented hot water cylinder,
heating via radiators, towel radiators to bathrooms
and en suites.
E X T E R N A L
Secure gated parking with two designated spaces for
each apartment, one with electric charging available.
Secure storage in communal area.
S E R V I C E S
Mains water, electric, drainage and gas.
Residents lift access to apartments 1,4,5 and 6.
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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