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8 Main Street, Prestwick
£100,000 Offers over
Bedrooms
Bathrooms
160 Flat D Main Street, Prestwick, KA9 1PB
Hoppers Estate Agency is delighted to market this lovely 1-bedroom upper flat in on Prestwick Main Street, just seconds from a host of amenities. In move-in condition, the property comprises hallway, lounge, dining-kitchen, double bedroom and bathroom with communal entrance and shared rear garden. A perfect purchase for first time buyers or investors early viewings are advised.
The property is bright and tastefully decorated throughout, with wooden flooring and modern fixtures and fittings. On entrance is a central hallway with storage cupboard and bright kitchen-diner ahead; The kitchen is spacious with wall and base units providing ample storage options and generous worktop space as well as integrated appliances incl. oven, hob and dishwasher. There is also space for dining furniture. The lounge is generous in size with attractive dcor, gas fireplace and brightened by 2 front facing windows. There is a large, bright, front facing double bedroom and completing the accommodation is a bathroom with white suite and shower over bath.
Externally, the rear garden is shared and accessed via the back of the building. It is a large space, mainly laid to lawn with mature trees and bushes surrounding.
The property is located on Prestwicks thriving Main Street where there is a host of amenities incl. a range of restaurants and cafs, independent boutiques and essential facilities such as post office/banking hub, pharmacies and medical centres. There are bus links from just outside the property, and Prestwick Train Station is within walking distance providing quick and easy access into Ayr, Glasgow and surrounding. There are a number of golf courses in the town, as well as tennis centre, swimming pool, cricket club and parks & recreational spaces.
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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