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£69,995 Offers in excess of
Bedrooms
Bathrooms
Reception
Fantastic two-bedroom top floor flat available for sale in popular Albert Road of Renfrew.
The property consists of welcoming entrance hallway with generous built in storage cupboard, bright spacious front facing lounge including large bay windows with fantastic views of surrounding areas and Robertson Park, modern fully fitted open plan kitchen with all appliances included and ample unit spacing, two well sized double bedrooms, and a stunning fully tiled bathroom suite with walk in shower enclosure and mains shower.
Further benefits include well maintained communal areas including close and rear court, low council tax, gas central heating, double glazing, freshly painted throughout, and new carpets fitted. The accommodation is in a walk in condition throughout and ready for entry.
This property is an ideal purchase for all parties from first time buyers, to keen investors with an expected rental income of approx ?795 per calendar month.
Renfrew town centre is only a short walk away which offers an excellent choice of facilities including shopping, banks, restaurants and leisure facilities. The property is only a short drive from the Braehead shopping centre, the M8 network and Glasgow Airport.
Council Tax Band B
EPC Rating C
To view this property or request more details contact LM Properties:
LM Properties Paisley Ltd
50 Glasgow Road
Paisley
PA1 3PW
0141 887 6109
Notice
Please note: We have not tested any apparatus, fixtures, fittings or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Unknown
Broadband: Unknown
Telephone: Unknown
Other Items
Heating: Gas Central Heating
Garden/Outside Space: No
Parking: No
Garage: No
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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