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£950,000
Bedrooms
Bathrooms
A beautifully presented four bedroom luxury home, brand new to the market, in the exclusive gated development of Repton Park.
This home is positioned on the first floor and offers an abundance of natural daylight and outstanding views of the well maintained and manicured grounds. Along with the four double bedrooms, this home boasts three Newly renovated bathrooms, a fully fitted and integrated bespoke designer kitchen with marble worktops , wooden flooring and two allocated parking spaces directly outside the apartment . This home has the added benefit of high ceilings and sash windows throughout being part of the original period buildings.
Repton Park is located within 145 acres of mature woodlands, with Claybury Woods surrounding the site - the perfect setting for a woodland walk, surrounded by peace and tranquility for you to enjoy. Repton Park also has CCTV 24 hour on site security and concierge who are on hand to assist you should you need them.
Repton Park is also home to the stunning adults only Virgin Active health club on site, with its famous swimming pool inside the original gothic style building, with a bistro and cafe on site (at an additional cost).
Viewings by appointmentonly.
Sole agent and chain free.
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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