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£102,000
Bedrooms
Bathrooms
NO CHAIN! Curlett Jones Estates are delighted to present this fabulous seventh floor, one-bedroom apartment to the open market. Located directly on the promenade of Southport Town Centre, the property is surrounded by a wealth of local amenities including several high-street shops, well-known restaurants and bars, popular attractions, within walking distance of Lord Street, and the beautiful Marine Lake and the beach are a short walk away.
As you enter this top-floor apartment, and follow the welcoming entrance hall through to the open-plan living space, you will be greeted by an enormous floor-to-ceiling window boasting endless views across Southport and Liverpool. Flooded with natural sunlight is a recently renovated living space, equipped with modern spotlights and an abundance of space for entertaining guests or relaxing. Here, you will also find the fully-fitted kitchen, with high quality furnishings throughout.
Unlike other one-bedroom apartments, this property is not short of storage space. The spacious bedroom is provided with large fitted wardrobes, and the hallway is equipped with two large storage cupboards. The three-piece bathroom suite has also undergone renovation, and installed with a state-of-the-art, remote controlled shower.
Service Charge: 100 pcm
Lease Length: TBC (200+ years)
We advise early viewings for this property, as to not be disappointed. Call our friendly team today to arrange your viewing!
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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