3 bedroom apartment for sale

£285,000

3

Bedrooms

2

Bathrooms

Floorplan

An Early Viewing is Highly Recommended of this tastefully decorated and very well appointed, top floor apartment, situated on the second floor of a purpose built development of just nine apartments. The spacious, centrally heated accommodation briefly includes; a communal entrance hall with stairs and lift, private entrance hall with useful store, lounge with sliding doors to a balcony over looking Lulworth Road, a well fitted kitchen with extensive appliances and a dining room. There are three bedrooms, an en suite shower room and a principal bathroom. Lulworth View stands in well tended, communal gardens to the front, sides and rear and there is a garage to the rear. The apartment is very well situated, a short walk from Birkdale Village with its speciality shops, restaurants and wine bars and the station to Liverpool. In addition a passing bus service provides access to the Southport Town Centre.

Communal Entrance

Newly carpeted and decorated throughout, Entry phone system, stairs and lift to all floors.

Second Floor

Private Entrance Hall

Karndean flooring, entry phone handset.

Utility Room/ Store Room - 1.85m x 0.86m (61' x 210')

Upvc double glazed window.

Lounge - 5.18m x 3.66m (170' x 120')

Electric coal effect fire and attractive surround, Upvc double glazed side window and sliding patio doors to a tiled balcony overlooking Lulworth Road. Wall light points.

Dining Room - 2.79m x 3.84m (92' x 127')

Woodgrain laminate flooring, archway to kitchen.

Kitchen - 3.66m x 2.57m (120' x 85')

Upvc double glazed window, enjoying a southerly aspect and having a single drainer one and half bowl stainless steel sink unit below with boiling water tap. A range of base units with cupboards and drawers, wall cupboards, granite working surfaces and splashback. Neff four ring gas hob with cooker hood above and split level Neff electric oven and Neff combination oven and microwave. Neff washing machine, integrated fridge and freezer, Candy tumble dryer and Beko dishwasher. Cupboard housing Main gas central heating boiler, recessed spotlighting. Karndean flooring.

Bedroom 1 - 4.42m x 3.35m (146' x 110' overall)

Upvc double glazed window to front and side. Built in wardrobes to one wall.

Ensuite - 2.06m x 1.55m (69' x 51')

Vanity wash hand basin with cupboards below, low level WC, step in shower enclosure with Mira shower. Chrome towel rail/ radiator, close boarded ceiling, recessed spotlighting. Tiled floor, tiled walls, Upvc double glazed side window.

Bedroom 2 - 3.96m x 2.26m (130' x 75' excluding door recess)

Upvc double glazed window.

Bedroom 3 - 2.95m x 2.13m (98' x 70')

Fitted with open frontage shelving providing hanging and shelf space.

Bathroom - 1.65m x 2.36m (55' x 79')

Twin grip panelled bath with mixer tap and thermostatic shower attachment and shower screen. Vanity wash hand basin with cupboards below, low level WC. Wall cupboards and illuminated vanity mirror, tiled walls and extractor. Access to loft.

Outside

Lulworth View stands in communal gardens to both front and rear. There is visitor parking together with a garage to the rear.

Service Charge

We understand the managing agents are Anthony James of Hoghton Street and the current service charge is 170 per month.

Council Tax

Sefton MBC band D.

Tenure

Leasehold for 999 years from 1 October 1984

Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 237825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 24075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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