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Address: 350 Upper Parliament St, Liverpool, L8 7QL
£75,000
Bedrooms
Bathrooms
Reception
Imza Homes are delighted to bring to the market a beautifully presented 1 bedroom duplex apartment located in the heart of the L8 area of Liverpool. The apartment is situated inside the former St Peter's Wesleyen Methodist Church, which has recently been converted in 27 apartments in 2016. The apartment compromises an entrance into the open plan living and dining area, which is great for entertaining guests. Adjacent to the living area is the bathroom. Leading upstairs, you are welcomed to the bedroom, which overlooks the living/dining area, providing a bright and aery feel throughout. High Park Street is ideally located in the heart of L8, with a Tesco superstore just across the street , and numerous shops, bars and other local amenities being found on Park Road. Park Road also provides bus routes into the city center with a journey time of just 12 minutes. Viewings are available upon request, call us today to book yours! Additional Information: Tenure: Leasehold Lease Length: 100 Years Remaining Service Charge: 400 Per Year Ground Rent: 270 Per Year Council Tax Band: A
New Home: Non New Home
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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