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78, Queen Street, Ramsgate, Kent, CT11 9ER, United Kingdom
£1,750,000
Bedrooms
Bathrooms
Reception
Entrance Hall understory storage. Access to: Hallway Kandine throughout. Skirting. Wall lighting. Ornate corning. Spotlights and pendant lighting. Stairs to first floor landing. Internal wooden doors to: Lounge Kandine flooring. Fire place. Bi- folding double glazed floor to ceiling doors to front leading to balcony. Double glazed full height window to side. Power points. Skirting. Front terrace Composite flooring with iron railings surrounding overlooking sea. Dining room Kandine flooring throughout. Double glazed window to courtyard. Skirting. Ornate cornicing. Power points. Sonos sound system. Doors to: Utility room Storage units, sink, space for washer dryer. Boiler housing, side door to side access. Kitchen Bespoke Smallbone interiors kitchen with marble countertops. Eye level Siemens oven and grill. Siemens induction hob and wine cooler built into the kitchen island. Integrated sink with draining board and quooker instant hot water tap. Double glazed three slider door into inner courtyard. Vaulted ceiling with velux style windows. Double glazed bi-folding doors to rear garden. Power points. Stairs to first floor landing First floor landing Carpeted throughout. Internal wooden doors to: Bedroom four TV point. Carpeted throughout. Skirting. Cornicing. Double glazed windows to rear. Power points. Bedroom three Power points. Carpeted throughout. Skirting. Cornicing. Vaulted ceilings with velux windows and port hole style window. Double glazed french doors to private terrace. Internal wooden door into en-suite. Roof terrace Composite flooring. Glass surroundings. Exterior power points. Wall lights. Sea views. En-suite Tiled flooring. Tiled marble effect walls. W/C. Fitted bath tub with wall mounted taps and textured wall tiles around. Walk in shower unit with glass surround, wall mounted taps, rain shower and integrated shelves. Wall mounted wash basin with wall mounted taps and built in vanity unit. Light up LED mirror. Brass heated towel rail. Double glazed window to side. Bedroom two Fitted smallbone interiors wardrobes. Carpeted throughout. Skirting. Power points. Double glazed full height window to side. Double glazed bi-folding doors to front balcony. Sonos sound system. Internal wooden door into: En-suite Tiled flooring and walls. W/C. Stand alone bath tub with wall mounted taps and shower attachment. Walk in shower unit with rain shower and shower attachment. Double glazed window to front. Wash basin with mixer taps and built in vanity unit. Light up LED mirror. Front balcony Composite flooring. Iron railings. Direct sea views. Primary bedroom Carpted throughout. Sonos sound system. Double glazed window to front with juliet balcony. Double glazed window to side. Power points. Velux windows to front. Build in dressing unit. Air conditioning unit. TV point. Internal wooden doors into: Walk in wardrobe Kandine flooring. Power points. Skylight. Bespoke walk in wardrobe. En-suite Wash basin with built in vanity unit and wall mounted taps. Tiled flooring. Walk in shower unit with rain shower, textured wall tiled, shower attachment, wall mounted taps. W/C. Double glazed port hole. Velux window to side. Heated towel rail. Rear garden Two tiered garden. First tier is a laid to pave courtyard with wall lighting. Steps lead up to second tier which is laid to lawn with a paved surround. Front driveway Laid to pave driveway for two vehicles.
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.
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