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£685,000
Bedrooms
Bathrooms
This impressive 3 double bedroom first floor apartment measures 1,200 square feet. The property has generous proportions throughout including a 23 x 149 dual aspect lounge and an integrated kitchen/diner. Other features are an en-suite to the main bedroom and 2 underground parking spaces.
The building is entered via a video entry phone system or via the underground car park. This apartment is on the first floor. There are stairs and a lift.
Large Hallway Video entry phone, very good sized airing cupboard with Heatrae Sadia hot water tank, further built in storage cupboard, radiator, corniced ceiling. Double doors to the lounge.
Spacious Lounge 232 x 149 Dual aspect with double glazed double doors onto the balcony and further double glazed window to the side aspect, wall lights, two radiators.
Balcony South facing and over-looking the attractive communal gardens.
Integrated Kitchen/Diner 143 x 83 Double glazed windows with granite display cil. The kitchen has an extensive range of fitted wall and base units, one and a half bowl, sink inset to granite work surfaces, 4 ring gas hob with extractor fan and large granite splash back, Integrated fridge and freezer, integrated Miele dish washer, integrated AEG microwave, Neff double oven, integrated Hotpoint washing machine, good quality flooring (probably Amtico) radiator, Potterton boiler.
Master Bedroom 14 x 11 (extending to 1610) Double glazed windows, twin double wardrobes, display shelving, radiator, corniced ceiling.
En-Suite Well-proportioned shower cubicle with over-head shower, low flush w/c, pedestal wash hand basin, fitted mirror, extractor fan, shaver point, radiator, ceramic tiled wall and floor.
Bedroom Two 119 x 88 (Extending to 122) Double glazed window, double and single wardrobe, coved ceiling, radiator.
Bedroom Three 112 (max) x 11 Double glazed windows, radiator, coving.
Bathroom W/c Ceramic tiled walls and floor, panelled bath with shower attachment, low flush w/c, pedestal wash hand basin, tiled shelving, extractor fan, fitted mirror.
Exterior
Underground parking for two cars. Stairs or lift to upper floors.
Attractive communal gardens with lawns, seating and a fountain.
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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