Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£530,000
Bedrooms
Bathrooms
Superbly extended and located
Large dining & living room extended into courtyard garden
Three well sized bedrooms and recently refurbished bathroom
Fitted Kitchen/Breakfast Room
Excellent condition
Brief walking distance to The Hot Walls & Gunwharf Quays
Gas Central Heating & Double Glazing
Rear access to off street parking & garage
Located in a quiet residential street in Old Portsmouth, this family home is conveniently positioned and offered in good condition for immediate occupation.
The forecourt garden sets the front of the property back from the quiet street and the entry porch provides weather protection to the front door leading to the entrance hallway with cloakroom / WC, kitchen, a versatile under-stair alcove (suitable for a home office) and onto the large and bright living room and dining space.
The kitchen features decent light from the bay window, ample storage with good cabinetry and high end appliances.
To the rear of the property the living room is the focal point of this house. It is a practical and dynamic space that is easily configurable for a combination of lounging, dining or entertaining. With two lantern skylights and recently installed bifold doors there is plenty of light and easy access to the pretty courtyard garden with its living wall of tiered plant beds, electric awning and automated watering system.
Ascending to the upper floor there are three good sized bedrooms bedrooms, the primary bedroom having built in wardrobes for extensive, stylish storage.
The second bedroom has been cleverly laid out for sleeping and studying while the third surpasses them all with an excellent Murphy bed that transitions between desk and generous single, with plenty of storage.
The family bathroom was recently remodelled with under floor heating, a large walk in shower, contemporary vanity unit, WC and basin.
Outside there is rear access leading to a single garage with electrically operated door and additional parking space directly in front.
Old Portsmouth is a prime location and this property sits squarely within reach all its best amenities of shopping, dining, sports facilities and schools. Thoughtfully arranged and modernised to meet the requirements of contemporary lifestyles, this property makes an excellent family home but is equally suitable for a couple or sharers.
Property reference: IATA28684
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £2,292.07
Total Interest: £295,146.78
Overall Total: £825,146.78
Amortization For Monthly Payment: £2,292.07 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £16,803.96 | £10,700.93 | £519,299.07 |
| 2026 | £16,456.46 | £11,048.43 | £508,250.63 |
| 2027 | £16,097.68 | £11,407.21 | £496,843.42 |
| 2028 | £15,727.25 | £11,777.65 | £485,065.78 |
| 2029 | £15,344.79 | £12,160.11 | £472,905.67 |
| 2030 | £14,949.90 | £12,554.99 | £460,350.68 |
| 2031 | £14,542.20 | £12,962.69 | £447,387.99 |
| 2032 | £14,121.25 | £13,383.64 | £434,004.35 |
| 2033 | £13,686.64 | £13,818.25 | £420,186.10 |
| 2034 | £13,237.91 | £14,266.98 | £405,919.12 |
| 2035 | £12,774.61 | £14,730.28 | £391,188.84 |
| 2036 | £12,296.27 | £15,208.62 | £375,980.22 |
| 2037 | £11,802.39 | £15,702.50 | £360,277.72 |
| 2038 | £11,292.48 | £16,212.42 | £344,065.30 |
| 2039 | £10,766.00 | £16,738.89 | £327,326.41 |
| 2040 | £10,222.43 | £17,282.46 | £310,043.95 |
| 2041 | £9,661.21 | £17,843.68 | £292,200.27 |
| 2042 | £9,081.76 | £18,423.13 | £273,777.14 |
| 2043 | £8,483.50 | £19,021.39 | £254,755.74 |
| 2044 | £7,865.81 | £19,639.09 | £235,116.66 |
| 2045 | £7,228.06 | £20,276.84 | £214,839.82 |
| 2046 | £6,569.59 | £20,935.30 | £193,904.52 |
| 2047 | £5,889.75 | £21,615.14 | £172,289.38 |
| 2048 | £5,187.83 | £22,317.06 | £149,972.32 |
| 2049 | £4,463.12 | £23,041.77 | £126,930.54 |
| 2050 | £3,714.87 | £23,790.02 | £103,140.52 |
| 2051 | £2,942.32 | £24,562.57 | £78,577.95 |
| 2052 | £2,144.69 | £25,360.20 | £53,217.75 |
| 2053 | £1,321.16 | £26,183.74 | £27,034.02 |
| 2054 | £470.88 | £27,034.02 | £0.00 |
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.
The Property has been saved to your favorites
0 / 5
Sun May 11 2025
All confirmed! We look forward to speaking with you.
Sun May 11 2025
It's quick and easy
