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8 Main Street, Prestwick
£100,000 Offers over
Bedrooms
Bathrooms
Hoppers Estate Agency is delighted to market this lovely 1 bedroom, ground floor flat in a sought-after development just seconds from Prestwick Main Street. In move-in condition, the property comprises entrance hall, lounge, kitchen, bedroom and shower room with secure communal entrance, residents parking and shared grounds. An ideal home for those preferring ground level accommodation or first-time buyers. We anticipate a high level of interest early viewings are advised.
The property boasts bright and neutral dcor throughout creating a blank canvas for buyers to make their own. Features include a generous lounge, bright dining-kitchen with ample wall and base units, contemporary shower room with white suite in vanity unit and corner shower, and a good-sized double bedroom. The property also benefits from a large walk-in storage cupboard and separate vestibule/cloakroom. The communal areas are well-kept, with a welcoming, secure entrance hall and parking area for residents.
Kyle Street is ideally positioned for those looking to take advantage of all the Prestwick has to offer. It is just seconds from the vibrant Main Street where there is a host of restaurants, cafs, boutique shops and essential amenities. There are excellent travel links with bus routes from the main street and excellent rail connections from Prestwick Train Station which is within short walking distance. Prestwick beachfront is easily accessible on foot, as are a huge range of recreational spaces and sporting facilities incl. swimming pool, tennis centre, cricket club and golf courses.
DIMENSIONS
Lounge:1211x127 approx.
Kitchen: 91x100 approx.
Shower Room: 78x69 approx.
Bedroom: 110x108 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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