1 bedroom apartment for sale

£180,000

1

Bedrooms

1

Bathrooms

Floorplan

House & Son are delighted to present this rare opportunity, to purchase a beautifully modernised, modern and contemporary one double bedroom ground floor apartment; with all main rooms benefitting a rear aspect with lovely views over the surrounding gardens.

The current sellers have loving transformed this apartment into a unique home, with a fabulous homely feel! The excellent internal accommodation has a spacious feel throughout and there is far more built in storage than would be expected for a property of this type.

The lounge dining room has a wonderful feel, with a large window looking out onto the well screened gardens that surround the rear of the development. The contemporary feel of the apartment is further enhanced by the beautifully designed and fitted luxury kitchen; which is fully fitted with integrated appliances (Double ovens, hob, designer cooker hood, fridge freezer, washing machine and dishwasher) and feature lighting.

There is a good size hallway and inner hallway, with ample storage, cloaks and airing cupboards provided. The bedroom also enjoys the same pleasant rear aspect over the landscaped gardens and has a fitted wardrobe and fitted window shutters. The contemporary and stylish modern tiled bathroom features a wall hung vanity basin drawer unit, with illuminated mirror over and a bath with shower over.

This modern, popular development occupies a wonderful tranquil location; being well set back up a private driveway off Branksome Wood Road, which is just a short walk of the central Bournemouth Gardens, Tennis Courts and the huge variety of shops, restaurants and entertainment venues!

A stroll through the gardens takes you down to Pier Approach and the sea, with access onto the seven miles of golden sand beach. Further benefits include; gas fired central heating with modern boiler, wall mounted infrared heating panels, double glazing, security entry phone system, well maintained communal hallways, landscaped gardens and parking area with allotted off road parking spaces.

A fabulous home, which would make for an ideal second/holiday home, a buy to let investment or as a main home. Offered with no chain.

COMMUNAL ENTRANCE

ENTRANCE HALL 7 6' x 2 8' + 5 0' x 3 1' (2.29m x 0.81m + 1.52m x 0.94m)

KITCHEN 10 0' x 7 0' (3.05m x 2.13m)

LOUNGE/DINER 16 1' x 11 0' (4.9m x 3.35m)

INNER HALLWAY 7 3' x 3 0' exc cupboard depth (2.21m x 0.91m)

BEDROOM 14 0' to 11 9' x 10 3' (4.27m to 3.58m x 3.12m)

BATHROOM 6 8' x 5 5' (2.03m x 1.65m)

OUTSIDE - COMMUNAL GARDENS & ALLOTTED PARKING SPACES

TENURE & CHARGES Leasehold - 999 years from 1982 - With a Share of Freehold

Service Charge - Current Year 1872 p.a (2024/25)

Council Tax - Band B

EPC Rating - D

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

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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

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£
  %

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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