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1440b Wimborne Road, Kinson, Bournemouth Dorset
£200,000
Bedrooms
Bathrooms
A Modern Purpose Built First Floor Flat in First Class Order Throughout and Offered with No Forward Chain
The accommodation with approximate room measurement comprises:
COMMUNAL ENTRANCE HALL Entered via a hardwood door with porta-phone entry system and hallways and stairs to all flats. Door leading to Flat 7.
ENTRANCE HALL L Shaped, flat plaster ceiling with inset spot lighting, porta-phone entry system, central heating radiator, power points, smoke detector, central heating thermostat/programmer, large built in storage cupboard with electric trip fuses, and power and light, ,
OPEN PLAN LOUNGE/DINING ROOM/KITCHEN 246 x 124
KITCHEN AREA Fitted with a range modern luxury fitted Kitchen units with contrasting worktop surfaces and inset stainless steel sink unit with swan neck mixer taps, integrated fridge and freezer, integrated dishwasher, integrated washing machine, inset 4 burner gas hob (NT), built in stainless steel fan assisted electric oven under and extractor hood over, wood effect laminate flooring, flat plaster ceiling, inset spot lighting.
LIVING AREA Carpeted, 2 central heating radiators, power points, TV aerial connection, points, UPVC double glazed windows to front aspect with UPVC single casement door leading to front facing balcony.
BALCONY Overlooking front with wrought iron balustrade and communicating single casement door to Bedroom.
BEDROOM 1 116 x 910 UPVC double glazed window to front aspect with single casement door to Balcony, central heating radiator, power points, TV aerial connection, flat plaster with inset spot lighting.
BATHROOM/WC Luxury bathroom with part tiled walls, white suite comprising modern panelled bath with mixer taps and fitted shower with shower valve and spray, glazed shower screen, vanity wash hand basin with mixer taps and cosmetics storage drawers under, low level WC, wood effect laminate flooring, chrome centrally heated ladder towel rail, flat plaster ceiling with recessed spot lighting, extractor fan.
OUTSIDE
The Gardens are communal and laid to lawn with well stocked flower and shrub borders. There is a residents parking area which is on a first come first served basis as there are 6 parking spaces for 7 flats.
Blackstone have not seen a copy of the Lease but have been informed by the vendor that the following details apply:-
TENURE Leasehold 999 years from 25 March 2021. Flat 7 also has a Share of the Freehold.
MAINTENACE Currently 1218.00 PA. No Ground Rent.
PROPERTY TAX BAND A
Prospective Purchasers are advised to instruct their solicitors to check all Lease details and other charges.
SERVICES/UTILITIES AND MATERIAL INFORMATION:
Mains Gas: Yes
Mains Electric: Yes
Mains Water: Yes
Mains Sewerage: Yes
Broadband: Yes
Broadband Speed: Max 1000mbps Available
Solar Panels: No
Solar Type/Ownership: N/A
Asbestos Risk: No
Poss Location: N/A
Flood Risk Area: Low
Flood last 5 yrs/How: No
Mobile Signal: Likely
Community/Service Charge: As Above.
Restrictions or Easements: Vendor unaware of any
Chain/Timescale: A.S.A.P
The above Services together with associated equipment and fitted appliances (if included) have not been tested by Blackstone Estate Agents and are subject to each of the Authorities own Regulations. Blackstone have inspected the property solely for the purpose of preparing the property particulars and have not carried out any survey. We have looked into the material information above but cannot confirm total accuracy so any interested party is highly recommended to carry out their own investigations or survey to satisfy themselves on any matters that are specifically important to them.
DIRECTIONS From the centre of Kinson, proceed along the Wimborne Road in a westerly direction towards Bear Cross number 1700 Wimborne Rd is along on the left hand side just on the corner with Roundhaye Road.
Purpose Built UPVC Double Glazing Gas Central Heating (NT) Remainder of NHBC Certificate Luxury Fitted Kitchen Luxury Bathroom Good Sized Double Bedroom Porta-Phone Entry System No Forward Chain Open Plan Living Sole Agents Viewing Advised
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.
1440b Wimborne Road, Kinson, Bournemouth Dorset
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