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£55,000 Guide Price
Bedrooms
Bathrooms
''' YOU MUST BE AN INVESTOR BUYER TO ENQUIRE ABOUT THIS PROPERTY - NOT SOLD WITH VACANT POSSESSION '''
Landlord to Landlord Service - GetAnOffer are looking for LANDLORDS to purchase this home which is currently RENTED and producing an income.
GetAnOffer are pleased to offer this property for sale:
Good Size Converted Second Floor Apartment
Open Plan Lounge/Kitchen/Diner
Double Bedroom
Bathroom/WC
Secure Off Road Parking
Well Maintained Communal Areas
Good Transport Links & Amenities Close By
LANDLORDS ONLY
EARLY VIEWING IS HIGHLY RECOMMENDED DUE TO THE PROPERTY BEING PRICED FOR A QUICK SALE.
''' FOR FURTHER INFORMATION PLEASE CALL: '''
Please Note:
Under the terms of The Estate Agents Act 1979 it is hereby confirmed that Future Planned Relocation Services Ltd (Get An Offer) has a legal interest in this property.
All details and measurements have been given for guidance purposes only. Due to the nature of our business our details are usually produced by a third party so any information supplied should be checked by yourself for any inaccuracies.
Although this property may have the facility of heating and other appliances they have not been tested at the time of our instructions.
Get an Offer makes no guarantees as to the accuracy within these property details.
By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided
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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