4 bedroom town house for sale

£460,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

PROPERTY DESCRIPTION Discover unparalleled luxury in this exquisite four-bedroom townhouse, perfectly nestled in the sought-after Eastlake Heights, where the waters of the Solent meet your doorstep, in a quiet cul-de-sac. This recently refurbished gem offers breathtaking panoramic views, making it a true coastal haven.

Step into a state-of-the-art kitchen that seamlessly blends modern sophistication with the serenity of harbor views. Imagine enjoying your morning coffee in a sun-drenched North West-facing courtyard, accessed through elegant patio doors, as the sunrise paints the sky-pure bliss.

As you explore the ground floor, youll find a convenient W/C and a versatile sun room, ideal for unleashing your creativity. Ascend the first flight of stairs to discover a grand lounge, bathed in natural light, offering mesmerizing scenic views. The spacious balcony extends your living space, inviting you to savor the endless vistas.

The fourth bedroom, cozy and intimate, is accompanied by a cupboard housing the brand-new Worcester gas combi boiler, ensuring comfort and efficiency. On the second floor, the family bathroom exudes contemporary elegance with its stylish walk-in shower. The second bedroom offers sweeping sea views, while the third bedroom provides a cozy retreat.

Ascend to the top floor, where a handy storage room greets you before leading into the opulent master suite. This sanctuary is awash with natural light, featuring ample storage and a delightful balcony that offers views as far as The Spinnaker Tower. The en-suite bathroom, just a few steps away, is a haven of luxury with its modern shower and sleek fittings.

Additional features include allocated parking, double glazing throughout, and efficient gas central heating, making this home as practical as it is beautiful.

Dont miss the opportunity to experience coastal living at its finest-schedule your viewing today and secure this remarkable property before its gone.

LEASEHOLD INFORMATION 999 year lease from 25th December 1986 = 961 Years Left.
50pa Ground Rent.
100pa Service Charges.

Please note that Martin & Co have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.


HMRC COMPLIANCE All sellers and buyers will be required to complete online identity checks provided by MoveButler. The cost of these checks is 60 inc. VAT per person which is paid in advance, directly to MoveButler. This charge verifies your identity in line with our obligations as agreed with HMRC.

Map location is not available for this property.

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

£ 382200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 11500
  • 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

£ 37200
  • 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

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  %
£
  %

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

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