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8 Main Street, Prestwick
£175,000 Offers over
Bedrooms
Bathrooms
11 Grangemuir Court, Prestwick, KA9 1GA
Hoppers Estate Agency is delighted to market this rarely available 2-bedroom ground floor flat in Grangemuir Court at Prestwick beachfront. Situated in this beautifully kept McCarthy Stone development, the property offers secure, independent and comfortable living to those in need of a retirement property. The property comprises entrance hall, lounge-diner, kitchen, 2 double bedrooms and shower room. The larger style 2-bedroom properties dont come available often within the development, and are sought after early viewings are advised.
With its beach front location, Grangemuir Court is an extremely popular development overlooking The Esplanade. Prestwick Main Street is a short distance away, which offers good transport links further afield. The development also offers a range of communal facilities including laundry room, residents lounge & manicured gardens, as well as secure door entry systems to each property and a communal lift. There is also resident parking.
The property is presented n move-in condition and boasts bright and neutral dcor throughout. On entrance is an open, spacious hallway with excellent storage options and lounge ahead. The lounge is generous with space for all necessary furnishings including dining table and chairs. West facing aspects offer sea views and the room is flooded with natural light - additionally a side door offers convenient access to the shared gardens and the car parking area. Adjoining the lounge is the kitchen; a compact yet practical space with wall and base units offering decent storage and worktop space, as well as integrated electric oven and hob. There are two bedrooms in the property, both double sized with one offering fitted storage. The modern shower room is bright with an easily accessible flush to floor shower cubicle and white suite.
DIMENSIONS
Lounge-Diner: 143x149 approx.
Kitchen: 57x97 approx.
Bedroom 1: 91x172 approx.
Bedroom 2: 911x142 approx.
Shower Room: 90x57 approx.
VIEWINGS Strictly by appointment through Hoppers Estate Agency tel
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.
8 Main Street, Prestwick
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