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66 Market Street, Lancaster
£625,000
Bedrooms
Bathrooms
The Location
Coastal Rise, nestled in the serene Hest Bank area just off Coastal Drive, offers a tranquil elevated setting. Highly sought after for its coastal location and unique property styles, it appeals to families, professionals, and retirees alike. Experience some of the areas most incredible far reaching and beautiful views from this location.
Residents relish amenities such as a popular country pub, a sought-after primary school, and scenic walks along the canal and beach. With close proximity to Morecambe Golf Club and easy access to both Morecambe town centre and Lancaster City, this location combines tranquillity with convenience.
Property overview
This impressive residence invites you through a grand entrance hallway with ample storage and access to all ground floor spaces, including a convenient W.C. The front reception room, boasting captivating Bay views, serves as a perfect blend for relaxation and entertainment.
Towards the rear, a spacious kitchen with dining area, an additional reception room, and a separate utility room provide practicality, with access to the integrated double garage from the utility room.
Upstairs, a grand landing offers an ideal space for a study/home office, capitalising on breath-taking views. Four generously-sized bedrooms accommodate double beds and additional furnishings, complemented by a well-proportioned 5-piece family bathroom.
The beautifully landscaped rear garden features a delightful seating area, lush lawn, manicured borders, and private gated access directly onto the canal towpath, enhancing the overall appeal of this superb home.
Additional information
- Wonderful detached home with some of the most incredible views
- Gas central heated and double glazed throughout
- Integrated garage with power and a fob controlled electric up and over door + ample off road parking
- Large rear garden with private gated access to the canal tow path
- Immaculately presented throughout
- Available now CHAIN FREE
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.
66 Market Street, Lancaster
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