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£860,000
Bedrooms
Bathrooms
This delightful four-bedroom home, complete with a self-contained one-bedroom apartment, offers versatile accommodation in a highly sought-after location. Situated within walking distance of Old Portsmouth, Southsea Common, and an array of shops, cafs, and bars, it is perfect for families or those seeking additional living space.
You enter the property through a gated courtyard garden leading to the front door. Inside, a bright and welcoming hallway with wooden flooring guides you to the first living room, which features a charming fireplace, a large bay window, and a relaxing ambiance. The hallway also leads to a second living room with a rear-facing window, providing additional space for entertaining or unwinding. A few steps down from the hallway take you to a convenient WC, followed by a spacious kitchen/breakfast room that opens into a delightful sunroomideal for social gatherings. Double doors from the sunroom lead out to the well-maintained garden.
Ascending the stairs, the first landing offers a useful WC and a bright bedroom with a modern en-suite shower room. Further upstairs, two more bedrooms await, including a generous main bedroom with a large bay window, an en-suite washroom, and a walk-in wardrobe. A further staircase leads to another bedroom and a stylish family bathroom.
The self-contained one-bedroom apartment, accessible via the main house or its own private entrance, features a comfortable living area with a kitchenette, a spacious bedroom, and an en-suite bathroomperfect for independent living.
The garden is a beautifully landscaped outdoor space, featuring a tiled patio, a lawned area, and raised borders, leading to a rear access point. This is a truly fantastic home that must be viewed to be fully appreciated!
Tenure: Freehold' Council Tax: Band D' 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: Garage & on street parking' 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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