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78, Queen Street, Ramsgate, Kent, CT11 9ER, United Kingdom
£800,000
Bedrooms
Bathrooms
Reception
Entrance Via front door into; Porch area Into; Hallway Part tiled. Part carpeted. Radiator. Architectural features. Skirting and coving. Lounge Windows to front with sea views. Carpeted. Skirting and coving. Dado rails. Radiator. Fireplace. Power points. Doors leading to; Dining room Windows to rear. Carpeted. Skirting and coving. Picture rails. Storage cupboard. Dado rails. Power points. Separate w/c Window to side. Low level W/C. Lobby Windows to side. Radiator. Storage cupboards. Tiled flooring. Doors with access to rear garden. Stairs down to lower basement Carpeted stairs leading to; Dining room Windows to rear. Carpeted. Skirting and coving. Storage cupboards. Dado rails. Power points. Fireplace. Shower room Windows to rear. Low level W/C. Sink with taps. Shower cubicle. Tiled flooring. Kitchen Windows to side. Matching array of wall and base units with complimentary work surfaces. Integrated oven. Four burner induction hob. Stainless steel sink with mixer taps. Integrated fridge/freezer. Integrated washing machine. Power points. Door with access to rear garden, Bedroom Windows to front. Carpeted. Fireplace, Power points. Stairs to first floor Carpeted stairs leading to; Office space / reception room Windows to side and rear. Tiled flooring. Radiator. Skirting and coving. Dado rails. Power points. Separate w/c W/C. Sink with mixer taps. Double glazed window to side. Kitchen Windows to rear. Matching array of wall and base units with complimentary work surfaces. Integrated oven. Four burner gas hob. Integrated dish washer. Integrated washing machine. Space for fridge/freezer. Sink with mixer taps. Tiled walls. Storage cupboard. Radiator. Power points. Living room Double doors to front with panoramic sea views and access to balcony. Carpeted. Skirting and coving. Dado rails. Fireplace. Power points. Balcony Ideal for sitting with friends and family and enjoying the panoramic sea views. Stairs to second floor Carpeted stairs leading to; Bathroom Stain glass feature window to rear. Sink with mixer taps. Bath with mixer taps. Carpeted. Doors to: Separate w/c Window to side. Low level W/C. Stairs to upper second floor Carpeted stairs leading to; Bedroom Windows to rear. Carpeted. Skirting and coving. Dado rails. Storage cupboard. Power points. Radiator. Door to; Bedroom Windows to front with sea views. Carpeted. Skirting and coving. Dado rails. Fireplace. Radiator. Power points. Stairs to third floor Carpeted stairs leading to; Shower room Windows to side. Low level W/C. Shower cubicle. Sink with mixer taps. Tiled flooring. Stairs to upper third floor Carpeted stairs leading to; Reception room / office space Windows to rear. Carpeted, Skirting and coving. Dado rails. Radiator. Storage cupboards. Power points. Bedroom Windows to front with sea views. Carpeted. Storage cupboard. Skirting and coving. Dado rails. Fireplace. Power points. Bedroom Windows to front with sea views. Carpeted. Skirting and coving. Power points. Stairs to fourth floor Carpeted stairs leading to; Bedroom Windows to front with sea views. Carpeted. Skirting. Power points. Front courtyard area Ideal for use of storage. Rear garden Concrete throughout. Double garage Ideal for use of extra storage capacity.
New Home: Non New Home
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.
78, Queen Street, Ramsgate, Kent, CT11 9ER, United Kingdom
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