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£700,000
Bedrooms
Bathrooms
Currently arranged as two flats this 4 bedroom upper maisonette & a 1 bedroom lower ground floor flat has the potential to be converted back into one house situated in THE HEART OF THE CITY CENTRE. The property benefits from, an array of original features, rear PATIO GARDEN, spacious accommodation & is being offered for sale with NO ONWARD CHAIN. Viewings are highly recommended. Energy Ratings: D65 & C69 Exclusive to Maslen Estate Agents
Front door to:
Entrance Hallway - 2 x radiators, original wood floorboards, coat hooks, under stair storage cupboard housing fuse board and electric meter, stairs to first floor, doors to:
Bedroom - Sash bay window to front, fireplace, double radiator, original wood floorboards.
Bedroom - Double glazed window to rear, radiator, original wood floorboards, shelves and storage built into chimney recess.
Bathroom - White suite comprising panelled bath with electric shower over and shower screen, sink basin, radiator, part tilled walls, wall mounted thermostat, 2 x double glazed windows to side, door to WC and patio door to rear garden.
Wc - Low level WC with dual flush, wall mounted Ideal combi boiler, tilled walls, double glazed window to rear with privacy glass.
First Floor Landing - Double glazed window to rear with privacy glass, radiator, stairs to second floor, doors to:
Kitchen - Range of wall and base units with roll edged work surfaces over, inset one & half bowl stainless steel sink unit and drainer, integrated oven with 4 ring electric hob above, space and plumbing for washing machine, space for tall fridge freezer, double radiator, part tilled walls, double glazed windows to rear.
Lounge - Fireplace, double glazed sash windows to front, original wood floorboards.
Second Floor Landing - Doors to:
Bedroom - Double glazed window to rear, radiator, pedestal wash hand basin, original wood floorboards.
Bedroom - Double glazed window to front, double radiator, original wood floorboards, storage cupboard.
Rear Garden - Patio rear garden with walled boundaries.
Total Approx Floor Area - 105.9 sq.m. (1140.2 sq.ft.)
Steps down to front door:
Lower Ground Floor -
Hallway - Wood effect flooring, wall mounted cupboard housing meters, radiator, wall mounted thermostat, doors to:
Bedroom - Window to front, radiator, picture rail.
Open Plan Lounge/Kitchen/Dining Room -
Kitchen Area - Range of wall & base units with roll edged work surfaces over, inset stainless steel sink unit with mixer tap, inset hob with cooker hood over, integrated oven under, space for fridge/freezer, space & plumbing for washing machine, part tiled walls, laminate flooring.
Lounge/Dining Area - Radiator, wood effect flooring, cupboard housing boiler, window to rear, door to:
Inner Hallway - Door to side, tiled floor, door to:
Shower Room - WC with push button flush, pedestal wash hand basin, shower cubicle with wall mounted shower unit over, part tiled walls, tiled floor, window to side with frosted glass.
Rear Garden - Patio seating area.
Total Approx Floor Area - 37.7 sq.m. (405.9 sq.ft.)
Map location is not available for this property.
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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