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£650,000
Bedrooms
Bathrooms
Offered for sale with no forward chain, this deceptively spacious two/three bedroom, three storey townhouse is located on Barton on Sea clifftop, affording stunning panoramic views over The Solent towards the Isle of Wight and across to The Purbecks. The property benefits from driveway parking for several vehicles, detached garage and good size rear garden.
Front door leading into the entrance hall with stairs rising to the first floor. Door into the sitting/dining room, which has a window to the side aspect and sliding patio doors to the front aspect opening out to the front aspect. Sliding door through to the kitchen/breakfast room which has a range of floor and wall mounted cupboard and drawer units with worktop over and under cupboard lighting. Inset stainless steel single drainer sink unit with mixer tap over. Integral appliances include a four ring gas hob with extractor hood over. Eye level electric oven with grill above, space and plumbing for washing machine, space for tall fridge freezer. Ceiling spotlights, tiled floor, ample room for dining table and chairs. Double doors opening through to the conservatory with windows and sliding double doors leading out the rear garden.
First floor landing with further staircase rising to the second floor and an airing cupboard housing the gas fired central heating boiler and shelving for linen storage. Double bedroom one with window to the rear aspect and en-suite shower room which has a shower cubicle, low level W.C., wash hand basin with mixer tap, heated towel rail and velux roof light. Double bedroom two with range of fitted wardrobes and door with side glazed panels leading out onto the balcony with space for bistro table and chairs, which affords stunning far reaching panoramic views over The Solent towards the Isle of Wight and across towards to Bournemouth, Poole and The Purbecks. Spacious family bathroom comprising of a panelled bath unit with mixer taps, mixer shower over and glass shower screen, low level W.C. and wash hand basin with mixer tap, heated towel rail, fully tiled walls, obscure glazed window to the rear aspect. Study with velux roof light.
Second floor landing/dressing room with velux roof light and door into bedroom three which has a window to the rear aspect.
Outside to the front of the property, there is driveway parking, which could easily be made into a garden to appreciate the gorgeous sea view. There is additional block paved driveway for multiple vehicles to the rear of property and a detached garage with electric up and over door and a personal door to the side. Wooden pedestrian gate to the side of the garage giving access through to the low maintenance rear garden which is mainly paved with an area of artificial grass. There is a large railway sleeper raised bed with an abundance of established shrubs and plants.
Barton Beach is home to several popular local restaurants and cafes offering entertainment and fantastic food year-round. New Miltons extensive high street and train station offering a direct link to London Waterloo is just over a mile on foot and there is a highly regarded school just a short walk away. The neighbouring seaside village Milford on Sea with a popular high street and Keyhaven sailing hamlet with a picturesque harbour and sea wall walks are also all within very easy access. Further north is the open New Forest National Park with an abundance of countryside to explore and to the East is Christchurch Market Town with an extensive high street offering a wide array of shops, restaurants an cafes etc.
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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