2 bedroom apartment for sale

£165,000 Offers in excess of

2

Bedrooms

Floorplan

Why youll like it
Martin & Co are delighted to offer for sale this fantastic two double bedroom, top-floor apartment located in the highly desirable Paxcroft Mead area of Hilperton. This property is conveniently situated near local amenities and includes one designated parking space.

The property comprises and benefits from uPVC double glazing, electric heating with newly installed smart heaters, newly fitted carpets throughout, a secured entry system, lounge, kitchen/dining room, two double bedrooms, an en-suite to the master bedroom, and an additional bathroom suite.

As you step into the property, you are greeted by a welcoming entrance hall that leads to all rooms, along with an airing cupboard and additional storage cupboard.

On the left, you will discover a spacious lounge that provides plenty of room for all your furnishings. This area is ideal for hosting social gatherings. Two windows allow an abundance of natural light to fill the room, enhancing its warm and welcoming atmosphere.

The kitchen and dining area features an array of base, drawer, and wall cabinets, along with an integrated oven and hob, plus designated space for appliances. Additionally, there is room for a dining table and chairs.

Both bedrooms are spacious doubles, with the master bedroom standing out as a highlight. This room offers plenty of built-in wardrobe space and includes the added convenience of an en-suite shower room.

The apartment features an additional bathroom suite that includes a bath with an overhead shower, a washbasin, and a toilet.

On the outside, residents can enjoy the convenience of designated parking and a shared courtyard space.

Properties in this condition rarely come to the market, making this an ideal opportunity for first-time buyers or investors. We strongly encourage an internal viewing to truly grasp the exceptional features of this fantastic apartment.

Property location
The property is situated within Paxcroft Mead, Hilperton, Trowbridge. Trowbridge, the county town of Wiltshire, offers a range of shopping and leisure facilities including the Odeon cinema complex with many restaurants, library, sports and leisure centre, schools, churches, doctors, dentist surgeries, five supermarkets, post office and a swimming pool. There is also a varied selection of coffee shops, restaurants, public houses and popular night clubs. Trowbridge is exceptionally well positioned for all major road and railway connections with the mainline railway station offering links to London.

How to find me
Satnav postcode: BA14 7GP
What3words:///unite.bank.atoms

For your information
Martin & Co Westbury havent tested any of the appliances listed in these details, or asked for warranty or service certificates, unless stated theyre on an as seen basis. You should only use floor plans and measurements as a general guide to room layout and design, as theyre not exact. Potential buyers are advised to recheck the measurements before completion. Money Laundering Regulations: Purchasers will be asked to produce identification and proof of residency documentation, once an offer has been agreed, we need to hold this on file before solicitors can be instructed.

Additional information
Lease: 125 years from 2006
Service charge: 1646pa
Ground rent: 150pa


Please note the above information has been obtained by the current owner and may be subject to alterations.

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

£ 130575

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
    £ 4125
  • 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

£ 6825
  • 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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