3 bedroom apartment for sale

£260,000 Offers over

3

Bedrooms

2

Bathrooms

Floorplan

7 Monkton Road, Prestwick, KA9 1AP

Hoppers is delighted to introduce to the market this beautifully presented upper conversion in central Prestwick - fully renovated within the last year to an exceptional standard, offering a perfect blend of style, space, and modern functionality. Over three floors, the property is ideal for contemporary family living and must be seen to be fully appreciated. Comprising private ground floor entrance, first floor lounge, dining kitchen, utility room, bathroom and bedroom, and second floor shower room and 2 bedrooms & Study/4th Bedroom. With large, shared rear garden, shared parking area and garage.

Every detail of this renovation has been thoughtfully considered, with tasteful, neutral dcor throughout and a number of extensive upgrades including roof repairs, new fascias and guttering, a complete rewire, brand-new central heating system and radiators, new tilt & turn windows, and acoustic windows to the front of the property to eliminate street noise.

The layout is practical, with generous room sizes and traditional features including high ceilings, bay windows and cornice detailing - the living room also features an attractive log burner with exposed brick surround. The kitchen is spacious with under-floor tile heating, wall and base units offering generous storage and worktop space, room for dining, and integrated AEG appliances incl. double oven, induction hob and full height fridge and freezer. A convenient utility provides room for additional white goods, extra worktop space and boasts a second sink. The first floor also features a generous double bedroom complete with built-in storage, and a modern bathroom. The second-floor hosts three further bedrooms, all newly painted and carpeted in neutral tones ready to personalise, along with a contemporary shower room.

Externally, the large garden is fully lawned, with ample parking for all residents, and a private garage.

With premium fixtures and fittings throughout, this immaculate home combines classic charm with modern comfort a truly beautiful home not to be missed.

Located in central Prestwick, Monkton Road is a continuation of Prestwicks thriving Main Street. There is a host of restaurants, bars, cafs and independent shops within short walking distance, and Prestwick Train Station is just a couple of minutes away. The town boasts a lovely beachfront and promenade as well as a range of sporting and recreational facilities incl. golf courses, swimming pool, tennis centre, cricket club and bowling greens. There are also several large supermarkets, and highly regarded schools incl. EYC, primary and secondary.

DIMENSIONS
Lounge: 191x148 approx.
Kitchen-Diner: 153x129 approx.
Utility Room: 101x55 approx.
Bathroom: 92x75 approx.
Bedroom 1 (first floor): 146x121 approx.
Bedroom 2: 145x810 approx.
Bedroom 3: 1210x810 approx.
Bedroom 4/Study: 101x103 approx.
Shower Room: 67x98 approx.

VIEWINGS - Strictly by appointment through Hoppers Estate Agency - Tel

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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

£ 217200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 6500
  • 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

£ 22200
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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