2 bedroom flat for sale

£180,000 Offers over

2

Bedrooms

2

Bathrooms

Floorplan

Ewemove - modernised ground apartment within catchment for hiltingbury and thornden schools offered with no forward chain.

Located in the sought after Hiltingbury area of Chandlers Ford is this spacious ground floor apartment, which has been modernised throughout, and offered with no forward chain. The accommodation comprises, a spacious entrance hall, an updated kitchen, which is fully fitted with a range of modern eye and base units, together with a number of integrated appliances, a good size living room, master bedroom with en suite shower room, second bedroom and main bathroom.

At the rear of the block are the communal gardens, with formal lawns, flower and shrub borders and seating area. The private parking for residents is also found at the rear.

Excellent local amenities are available next to the apartment block, including a Tesco Express, Post Office, Hairdresser and Take away restaurant, with more comprehensive facilities available in Chandlers Ford Centre, including Waitrose and Costa Coffee and local pubs. The property also falls within catchment for the highly regarded Hiltingbury and Thornden schools.

Hiltingbury playing fields and recreational facilities are a few minutes walk away, and there are great walks within easy reach including Hocombe Mead, Hiltingbury Lakes and Hook woods.

Local transport links are excellent, with regular bus services to Southampton and Winchester, and wider communications links are within easy reach including Southampton Airport, a mainline railway station close by at Eastleigh, and The M27 and M3 corridor, a short drive away.

Virtual tour available upon request

Additional Information:

  • Council Tax:

    Band B

  • Energy Performance Certificate (EPC) Rating:

    Band C (69-80)

  • Ground Rent:

    20 Every 12 Months

  • Service Charge:

    1000 Every 12 Months

  • Service Included:

    Buildings Insurance

  • Marketed by EweMove Sales & Lettings (Winchester) - Property Reference 44064

    Nearest Stations:

    1.12 miles
    Chandlers Ford
    2.64 miles
    Eastleigh
    2.97 miles
    Shawford
    3.54 miles
    Southampton Airport (Parkway)
    4.07 miles
    Swaythling

    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

    £ 142200

    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
      £ 4500
    • 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

    £ 7200
    • 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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