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£66,000
Bathrooms
Reception
'''All applicants must be over 55''' At Station Mews we have a fantastic selection of one bedroom homes remaining.
This beautifully presented one-bedroom shared ownership apartment, located in Station Mews Apartments in Allerton, is exclusively available for those aged 55 and over. Offering modern living in a peaceful setting, this apartment is perfect for those looking to downsize or find a more manageable home.
The apartment features a spacious open-plan living area, creating a bright and welcoming environment for relaxation and entertainment. The sleek, contemporary kitchen comes with ample storage space, while the bespoke layout ensures comfort and practicality throughout. Please note, appliances are not included, however we are offering ?1,500 cashback to help you purchase your desired products.
Floor-to-ceiling windows let in plenty of natural light, enhancing the feeling of space and opening you up to the leafy Allerton views. The stylish shower bathroom offers a high-quality finish, and built-in storage solutions help keep the apartment organised and clutter-free.
Station Mews is ideally situated for easy access to local amenities, with Allerton train station just a short walk away, providing excellent transport links to the city centre and surrounding areas. With shared ownership, you can purchase a 40% share from ?66,000, offering an affordable route to homeownership, with the option to purchase further shares in the future.
This is a fantastic opportunity for those looking for a modern, low-maintenance home in a vibrant and well-connected community.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Liverpool City Council, To Be Confirmed
Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No
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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