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34 Campo Lane, Sheffield
£175,000
Bedrooms
Bathrooms
Belvoir Sheffield is pleased to present this luxury two-bedroom apartment with ALLOCATED PARKING located in the highly sought-after Great Central Development in Kelham Island. Ideally situated just a short walk away from the vibrant pubs and restaurants that Kelham Island is famous for, this property offers both convenience and contemporary living. Internally, the apartment has been finished to a high standard, featuring modern fixtures and fittings throughout. With vacant possession and no chain being ideal for a first-time buyer or investor alike with potential rental income of 1200 PCM.
In brief, the apartment comprises of entrance hallway with an intercom systemand a large storage cupboard that houses the water cylinder and washing machine.The open-plan living and kitchen area features modern base and wall units, with integrated appliances including a dishwasher, fridge-freezer, oven, hob, and extractor, all included with the sale. There is a patio door accessing the balcony area with wonderful views of the city.
The apartment offers two double bedrooms, a beautifully appointed family bathroom, complete with a bath with a shower over, W.C., sink, and heated towel rail plus the added benefit of an en-suite shower room to the master bedroom with enclosed shower, W.C. and sink.
The apartment comes with one allocated parking space and the building benefits from lift access and is ideally located near a variety of local amenities. With excellent transport links, including easy access to the M1 motorway.
EPC rating: B. Tenure: Leasehold, Length of lease (remaining): 245 years 4 months,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.
34 Campo Lane, Sheffield
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