2 bedroom apartment for sale

£94,950 OIRO

2

Bedrooms

Floorplan

We are delighted to introduce to the market this fabulous two bedroom apartment located in the well known area of Garston. Situated in the modern development of Lowbridge Court, this apartment is close to all local amenities, transport links, Liverpool John Lennon Airport and bus routes into Liverpool City Centre. It is being sold with a tenant in situ so would be ideal for investors. Comprising; Hallway, Living area, Kitchen, two good sized bedrooms and bathroom. This apartment has an allocated parking space and is access by coded security gates. Call now to arrange your appointment.
EPC GRADE = B
Council tax band = B
2nd floor apartment
Allocated parking space secure on site parking directly outside of property
Building insurance inc in service charge
Service charge - 2,704.19

All Measurements are approximate and cannot be relied upon for any future purpose and no liability it taken for any errors.

COMMUNAL HALLWAY Staircase to all floors and individual letterboxes for each apartment.

HALLWAY An inviting hallway having telephone intercom security system, electrical radiator, storage cupboard and access to all rooms.

LOUNGE/DINER 15 1" x 9 6" (4.61m x 2.90m) A spacious and airy living area with power points, electric radiator, open archway to the kitchen and a UPVC double glazed window throwing in streams of natural light.

KITCHEN 9 6" x 6 5" (2.92m x 1.96m) Open archway through to the living room this kitchen has a range of matching wall and base units with worktop over, integrated hob and electric oven with extractor above, plumbing for washing machine and space for fridge freezer, stainless steel sink and drainer inset to worktop with UPVC double glazed window above, tile effect flooring and power points.

MASTER BEDROOM 14 9" x 12 9" (4.52m x 3.90m) A brilliantly sized master bedroom with radiator, power points, great sized built in wardrobes and a UPVC double glazed window making this a light and airy room.

BEDROOM TWO 10 4" x 8 7" (3.16m x 2.62m) Another bright and airy good sized bedroom having radiator, power points and a UPVC double glazed window.

BATHROOM 6 7" x 6 5" (2.02m x 1.96m) A spacious bathroom comprising low flush WC, pedestal sink, panel bath with shower over and glass shower screen, extractor fan, chrome towel radiator, part tiles walls and tile effect flooring.

OUTSIDE Gates surrounding the perimeter of the property which are accessed via codes, allocated parking space secured with gates accessed using codes and Telephone intercom security system

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 76286.25

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 2373.75
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 5073.75
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message