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£260,000
Bedrooms
Bathrooms
Offered for sale with no onward chain is this modern ground floor apartment situated in the desirable Orchard Chase development of Biggleswade. The property boasts a generous light and airy open plan living space which includes a fitted kitchen with integrated appliances. French style doors from the living room open on to an enclosed balcony/terrace providing a space to sit out in good weather. Further accommodation includes two double bedrooms along with a three piece fitted bathroom all of which are accessed from the entrance hall. Bedroom one enjoys private use of an adjoining en-suite shower room. Outside the property to the rear of the building is two allocated parking spaces along with use of a communal bike store.
Biggleswade is a traditional market town which offers a range of amenities with various small local businesses including cafes, restaurants, and shops. While the town also benefits from various large supermarkets along with a retail park on the edge off town which features brands such as M&S, Next, Boots, Homebase, and Halfords. Biggleswade for the commuter offers very convenient links to London having a mainline station linking into London in approximately 40 mins plus easy access to the A1(M) to Stevenage and beyond. The town offers a selection of schooling for all ages as well various nurseries and if youre after outside space the Biggleswade 'Green Wheel' route offers a scenic spot walking, jogging or cycling.
Disclaimer: Please note we do not test any fixtures, fittings, apparatus or services. Any interested parties should undertake their own investigation into the working order of these items. All measurements provided are approximate and photos are provided for guidance only. Potential buyers are advised to re-check the measurements before committing to any expense. Potential buyers are advised to check and confirm the EPC, estate management charges and council tax before committing to any expense. Floorplans are for illustration purposes only. Cooper Wallace do not verify the legal title of the property and the potential buyers should obtain verification from their solicitors committing to any expense.
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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