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£310,000
Bedrooms
Bathrooms
Curlett Jones are delighted to present this extended three-bedroom semi-detached home on Radnor Drive, offering a fantastic opportunity for investors, located in one of the most desirable areas of Southport. Being sold with a tenant in situ this property currently achieves 1,050 PCM. Boasting generous living spaces, modern conveniences, and an enviable location.
Upon entering, you are welcomed into a spacious entrance hall with ample storage and a convenient downstairs W/C. The large living room, featuring a charming bay window and wood burner, flows seamlessly into the dining area, creating a bright and open space ideal for family life and entertaining.
To the rear, a spacious kitchen and lounge area provide a versatile setting for cooking, dining, and relaxing, with doors leading directly onto the large rear garden. This beautifully maintained outdoor space includes a patio area and outside storage including a car port and garage, perfect for those who enjoy spending time in the garden or require additional space for tools and equipment.
Upstairs, the property offers two generous double bedrooms and a well-proportioned single bedroom, making it ideal for families or professionals. The modern bathroom suite is complemented by a separate W/C, ensuring practicality and convenience for busy households.
Externally, the home benefits from a large front driveway, providing ample parking, and a substantial rear garden, offering both privacy and space to enjoy outdoor activities.
This property is in a prime location within walking distance of Churchtown Village. Residents can enjoy a fantastic selection of shops, cafes, and restaurants. The property is also close to highly regarded schools, including St. Patricks Primary, Churchtown Primary, and Stanley High School, making it a sought-after choice for families.
This is an excellent investment opportunity in a prime residential area, offering immediate rental income with a secure tenant in place.
Arrange your viewing today!
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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