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£220,000
Bedrooms
Bathrooms
Immaculately presented top floor apartment built by Linden Homes in 2003 to a high specification and has lift access. The current owner has recently upgraded the kitchen and further attributes include master bedroom with en-suite, sitting/dining room with southwest facing balcony and allocated parking space. Conveniently placed close to Eastleigh Town centre which provides a comprehensive range of shops, fine restaurants and bars. The M3 and M27 are within easy reach, Eastleigh Railway station has direct line to London Waterloo, Winchester and Southampton.
COMMUNAL ENTRANCE Lift to all floors and staircase.
ENTRANCE HALL Built in airing cupboard and storage cupboard. Access to loft.
SITTING/DINING ROOM 13 6" x 10 6" (4.11m x 3.2m) Double doors to balcony overlooking front.
KITCHEN 13 6" x 7 2" (4.11m x 2.18m) Modern kitchen comprising sink unit, plumbing for washing machine and dishwasher, space for fridge/freezer. Integrated electric hob, hood, oven, and microwave. Range of matching wall and base units with splash back. Window to front.
BEDROOM ONE 13 7" x 12 6" (4.14m x 3.81m) Built in double wardrobes, window to rear.
ENSUITE Modern fitted double shower cubicle, vanity wash hand basin and WC. Tiled to principal areas.
BEDROOM TWO 14 8" x 8 9" (4.47m x 2.67m) Built in wardrobes. window to front.
BATHROOM 7 6" x 5 7" (2.29m x 1.7m) Modern panel bath with shower screen and shower unit. Pedestal wash hand basin, low level WC. Partly tiled surround.
OUTSIDE Lockable bike/buggy store, allocated parking space with further visitor spaces.
LEASHOLD INFORMATION Ground Rent: 200 paid annually on 31st January. Service Charge: Payments of 461.05 and 455.86 made on 1st January and 1st July. Buildings Insurance: 359.81 Length of Lease: 125 Years - 106 Years Remaining (Please note: These figures are approx and must be confirmed by your solicitor)
LOCAL AUTHORITY INFORMATION Eastleigh Borough Council Tax Band B
LOCAL SCHOOLS INFORMATION Infant/Junior: The Crescent Junior School Secondary: Toynbee Secondary School
EPC RATING To follow.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £951.43
Total Interest: £122,513.76
Overall Total: £342,513.76
Amortization For Monthly Payment: £951.43 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £6,975.23 | £4,441.90 | £215,558.10 |
| 2026 | £6,830.98 | £4,586.14 | £210,971.96 |
| 2027 | £6,682.06 | £4,735.07 | £206,236.89 |
| 2028 | £6,528.29 | £4,888.83 | £201,348.06 |
| 2029 | £6,369.53 | £5,047.59 | £196,300.47 |
| 2030 | £6,205.62 | £5,211.50 | £191,088.96 |
| 2031 | £6,036.38 | £5,380.74 | £185,708.22 |
| 2032 | £5,861.65 | £5,555.47 | £180,152.75 |
| 2033 | £5,681.25 | £5,735.88 | £174,416.87 |
| 2034 | £5,494.98 | £5,922.14 | £168,494.73 |
| 2035 | £5,302.67 | £6,114.46 | £162,380.27 |
| 2036 | £5,104.11 | £6,313.01 | £156,067.26 |
| 2037 | £4,899.11 | £6,518.02 | £149,549.24 |
| 2038 | £4,687.44 | £6,729.68 | £142,819.56 |
| 2039 | £4,468.91 | £6,948.22 | £135,871.34 |
| 2040 | £4,243.27 | £7,173.85 | £128,697.49 |
| 2041 | £4,010.31 | £7,406.81 | £121,290.68 |
| 2042 | £3,769.79 | £7,647.34 | £113,643.34 |
| 2043 | £3,521.45 | £7,895.67 | £105,747.67 |
| 2044 | £3,265.05 | £8,152.07 | £97,595.59 |
| 2045 | £3,000.32 | £8,416.80 | £89,178.79 |
| 2046 | £2,727.00 | £8,690.12 | £80,488.67 |
| 2047 | £2,444.80 | £8,972.32 | £71,516.35 |
| 2048 | £2,153.44 | £9,263.69 | £62,252.66 |
| 2049 | £1,852.62 | £9,564.51 | £52,688.15 |
| 2050 | £1,542.02 | £9,875.10 | £42,813.05 |
| 2051 | £1,221.34 | £10,195.78 | £32,617.26 |
| 2052 | £890.25 | £10,526.88 | £22,090.39 |
| 2053 | £548.40 | £10,868.72 | £11,221.67 |
| 2054 | £195.46 | £11,221.67 | £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.
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Sat Jul 12 2025
All confirmed! We look forward to speaking with you.
Sat Jul 12 2025
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