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£135,000 Offers over
Bedrooms
Bathrooms
Reception
'' UNIQUE GROUND FLOOR APARTMENT '' RIVER TYNE QUAYSIDE LOCATION ''360 VIRTUAL TOUR ''
Cloud Estates welcome to this sales market this one bedroom ground floor flat that is sure to impress a range of buyers. Nestled just off King Street behind the picturesque Quayside of Newcastle is the development of Blue Anchor Court. The property is a must to be viewed.
The apartment is situated in a gated development with residents only parking and has its own patio terrace located within the very private communal gardens which are well maintained by the residents within the complex. Conveniently located with access to everything the Newcastle Quayside and City Centre have to offer.
The abode briefly comprises of: a private front door; entrance hall with storage cupboard; open plan lounge and kitchen, fitted with glossy units, integrated induction hob, electric oven and microwave, space for a fridge freezer and plumbed for a washing machine; breakfast bar completes the kitchen, which wraps around into the bright living space with patio doors opening onto the patio terrace where you can sit and enjoy a morning coffee or a cocktail at the end of the day; to the rear, again with an outlook of the gardens, is a substantial double bedroom with fitted wardrobe; to the front is a sleek modern fully tiled bathroom with a rainfall walk in shower, WC, vanity hand wash basin, heated chrome towel rails and window.
The property has the advantage of a newly installed gas boiler, providing gas central heating, and there is double glazing throughout.Externally, the property comes with its own car parking space.
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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