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£455,000
Bedrooms
Bathrooms
This beautiful 4-bedroom townhouse, located near Southsea Common, is a must-see. The bright entrance hall leads to a front living room with bay windows that flood the space with natural light. A second living area has patio doors opening onto a charming courtyard garden.
One set of stairs takes you up to the bedrooms, while another leads down to the expansive semi-open plan kitchen and dining area. The modern kitchen features integrated appliances, pantry cupboards, and space for a dining table, with double doors opening to a small inner front access.
The top two floors house the four bedrooms, including two large front rooms with bay windows, a third double room, and a single. The first-floor shower room boasts a heated towel rail, and the second floor offers a luxurious freestanding bath. Ready to move in, this home blends traditional charm with contemporary style, offering the perfect space for comfortable living.
Material Information:
Tenure: Freehold Electricity: Mains Supply Heating: Gas supply Water Supply: Mains supply Sewage: Mains Supply Broadband: standard, Superfast and Ultrafast Fibre are all available in this area Parking: Permit parking Council Tax: E Mobile: Ofcom official website checker states that EE, Vodafone, O2 and Three have all availability in the area Flood Risk: Low risk
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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