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78, Queen Street, Ramsgate, Kent, CT11 9ER, United Kingdom
£1,999,995
Bedrooms
Bathrooms
Reception
Entrance Entrance via wooden front door into: Front porch Tiled flooring. Wooden internal door into: Hallway Parquet flooring. Original iron radiators. Skirting. Picture rails. Cornicing. Doors to: Living room Parquet flooring. Double glazed french doors to front. Double glazed windows to front. Cornicing. Skirting. Picture rail. Original wood burning fireplace. Ceiling rose with chandelier. Wall lighting. Dining room Parquet flooring. Double glazed bay windows to front. Skirting. Cornicing. Ceiling rose with chandelier. Original wood burning fireplace with wooden surround and mantle. Original iron radiators. Wall lights. Family room Carpeted throughout. Skirting. Cornicing. Picture rail. Double glazed turret style window to side. Ornate archs. Original fireplace and surround. Original iron radiators. Ceiling rose. Double glazed french doors to rear. Rear hallway Wood flooring throughout. Iron radiators. Double glazed window to side. Storage cupboards. Downstairs bathroom W/C. Wash basin with mixer taps. Tiled flooring. Tiled walls. Chrome heated towel rail. Walk in shower unit. Downstairs w/c Tiled flooring. Sanitan W/C. Part tiled walls. Radiators. Sanitan wash basin with hot and cold taps. Double glazed frosted windows to side. Kitchen Tiled flooring and part tiled walls. Matching array of wall and base units with two butler style ceramic sinks and mixer taps. AGA oven. Double glazed windows to side. Walk in pantry. Stairs to first floor Double glazed window to side. Carpeted stairs to: First floor landing Fully carpeted hallway. Skirting. Cornicing. Picture rails. Primary bedroom Fully carpeted throughout. Original fireplace and surround. Double glazed windows to side and rear. Skirting. Dado rails. Cornicing. Ceiling rose with chandelier. Iron radiators. Doors to: En-suite bathroom Jack & Jill style bathroom. Exposed original flooring. Iron radiators. Double glazed frosted window to side. Stand alone claw foot bath tub. Sanitan W/C. skirting. Picture rail. Cornicing. Ceiling rose with chandelier. Sanitan wash basin with hot and cols taps. Original cast iron fireplace. Storage cupboard. Utility room Washer dryer. Matching array of wall and base units. Original drying rack. Double glazed window to rear. Family bathroom Electric heated towel rail. Original wood flooring. Stand alone claw foot bath tub. Double glazed turret style window to side. Iron radiators. His and hers wash basin with mixer taps. Picture rails. Cornicing. Skirting. Separate W/C with Sanitan W/C and Sanitan wash basin with hot and cold taps. Part tiled walls. Double glazed frosted window to rear. Office / bedroom eight Skirting. Picture rail. Cornicing. Original fireplace. Double glazed window to side. Double glazed door to front balcony. Bedroom seven Carpeted throughout. Picture rail. Skirting. Cornicing. Double glazed bay style window to front. Iron radiators. Original cast iron fireplace. Double glazed french doors to front balcony. Storage cupboards. Front facing balcony Wooden ornate surround. Direct sea views. Bedroom six Double glazed bay style window to front. Skirting. Picture rail. Cornicing. Iron radiators. Original cast iron fireplace. Storage cupboard. Carpeted throughout. Stairs to second floor Double glazed window to side. Radiators. Second floor landing Carpeted throughout. Doors to: Bedroom five Radiator. Carpeted throughout. Skirting. Double glazed window to front. Storage cupboard. Bedroom four Carpeted throughout. Radiator. Original cast iron fireplace. Double glazed arch window to front. Bedroom three Double glazed turret style windows to side. Radiators. Carpeted throughout. Skirting. Original cast iron fireplace. Second floor bathroom one Tiled flooring. Tiled walls. Walk in shower unit. Wash basin with hot and cold taps. Stand alone bath tub with shower attachment. Double glazed windows to rear. Bedroom two Original wood flooring. Double glazed window to rear. Skirting. Radiator. Storage cupboard. Original cast iron fireplace. Second floor bathroom two Bath tub with shower attachment. W/C. Wash basin with hot and cold taps. Double glazed window to side. Tiled walls. Garden Garden is split into two parts. The first part is a patio area which has steps leading up to a laid to lawn section. Summer house Power points. Wood flooring. Double glazed bi-folding doors to garden. Driveway Gated pebble driveway for multiple 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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