3 bedroom maisonette for sale

£995,000 Offers in excess of

3

Bedrooms

3

Bathrooms

Floorplan

Nestled in the heart of the iconic Northumberland coastline, this exclusive trio of contemporary apartments offers a rare opportunity to own your own slice of seaside serenity in one of Englands most picturesque villages each apartment available for individual purchase. Set against the backdrop of Bamburgh Castle and just moments from the golden sands of Bamburgh Beach, these thoughtfully designed residences blend modern elegance with timeless coastal charm.
Step outside your door to explore cobblestone streets, boutique shops, and inviting cafs, or unwind with a peaceful walk along the rugged Northumberland Coast. These apartments offer the very best of coastal living and village warmth.
Experience the perfect balance of luxury, location, and lifestyle right here in Bamburgh.

This exceptional three-bedroom split level apartment over 2 floors, comprises: Entrance via a communal reception hall featuring solid oak herringbone flooring and a unique stained-glass window. Entrance into the apartment with cloakroom/WC, an impressive open-plan living and dining area, and a contemporary kitchen fitted with new units and integrated appliances. An oak staircase leads to the mezzanine floor, which includes a utility room and offers space for a study area. On the first floor, the master bedroom boasts outstanding views and an en-suite shower room, while the second bedroom also benefits from its own en-suite. A further staircase leads to the second floor, where youll find a third bedroom with an additional en-suite shower room.

Externally, there is a private raised deck area, two allocated parking spaces and an EV charging point.

Additional features include a wall-mounted video intercom system, Bluetooth-controlled thermostatic heating, and stunning views towards The Cheviots, Holy Island, Seahouses, and The Farne Islands.

Early viewings are highly recommended to appreciate this property and its location.

PLEASE NOTE:
Kindly ensure that you have reviewed the attached PDF document outlining the Owners Covenants in Planning Obligations, prior to making any arrangements to inspect or view the property.
Apartment 1 remains pending formal approval from the relevant department regarding the fire suppression system sign-off. Confirmation is also awaited from the developer to verify that all planning conditions have been fully complied with, as these have not yet received formal sign-off.

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

£ 814575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 24875
  • 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

£ 68325
  • 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

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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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