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£220,000 Guide Price
Bedrooms
Bathrooms
Millerson Estate Agents are thrilled to present this immaculately presented, two-bedroom, apartment to this market. Being situated within a popular residential location this property is only a short distance away from local beaches, amenities and transport links. With its contemporary design and move-in ready condition, this property is ideal for those looking to take their first steps onto the property ladder.
Property Description - Millerson Estate Agents are thrilled to present this immaculately presented, two-bedroom, apartment to this market. Being situated within a popular residential location this property is only a short distance away from local beaches, amenities and transport links. With its contemporary design and move-in ready condition, this property is ideal for those looking to take their first steps onto the property ladder.
Upon entering you are greeted by a bright and airy entrance hallway, with doors leading into an open plan living space that is both inviting and functional. The bespoke kitchen, equipped with a self-cleaning oven, is perfect for those who enjoy cooking and entertaining. The apartment also features two generously sized double bedrooms and a well-appointed bathroom. Additional benefits also include a balcony, which offers a lovely outdoor space to enjoy the fresh air and beautiful surroundings- the perfect place to sip your morning coffee, unwind in the evening, or delve into your favourite novel.
Externally, this property benefits from having allocated parking for one vehicle. It is to mains electricity, water, drainage and falls under Council Tax Band B. Viewings are highly recommended to appreciate all this property has to offer.
Location - Duporth is conveniently positioned for access to the neighbouring village of Charlestown stocked with eateries galore. The historic market town of St Austell is about a mile away and offers a more comprehensive range of shops and the main line rail link from Cornwall to London Paddington - ideal for commuters to escape the city for a relaxing break. Further afield and approximately 13 miles away is the capital of Cornwall, Truro City, which is ideal for a shopping trip and extensive schooling facilities. This home is ideally placed for those who enjoy outdoor activities with Porthpean Golf Club and St Austell Rugby club just around the corner and with Cornwall Spa only a short drive this home is in the ideal location for all the family.
The Accommodation Comprises - (All dimensions are approximate)
Entrance Hallway - Skimmed ceiling. Smoke alarm. Built-in storage cupboard housing the wet-electric heating system as well as the consumer unit. Telecom system. Radiator. Multiple plug sockets. BT Master-socket. Skirting. Engineered laminate flooring. Doors leading into:
Bedroom One - 3.89m x 2.80m (129' x 92') - Skimmed ceiling. Double glazed window to the rear aspect. Full length fitted wardrobe. Radiator. Multiple plug sockets. Television point. Skirting. Carpeted flooring.
Bedroom Two - 2.85m x 1.64m (94' x 54' ) - Skimmed ceiling. Double glazed window to the rear aspect. Radiator. Television point. Multiple plug sockets. Skirting. Carpeted flooring.
Lounge/Diner - 6.28m x 3.28m (207' x 109' ) - OVERALL MEASUREMENTS
Lounge - 3.29m x 3.28m (109' x 109' ) - Skimmed ceiling. Double glazed window to the rear aspect. Radiator. Television point. Multiple plug sockets. Engineered laminate flooring. Door leading out on the balcony.
Kitchen - 3.76m x 2.99m (124' x 99' ) - Skimmed ceiling. Recess spotlights. A range of wall and based fitted, soft close, cupboards and drawers. Integrated self-cleaning AEG eye-level oven, grill and microwave. AEG four ring induction hob with extractor hood over. Integrated fridge, freezer, dishwasher and washing machine washer. Integrated recycling drawer. Herringbone splash-back tiling. Matte black sink basin with drainage board. Multiple plug sockets. Engineered laminate flooring.
Bathroom - 2.85m x 1.64m (94' x 54' ) - Skimmed ceiling. Spotlight. Extractor fan. Porcelain splash back tiling. Double cubicle housing a mains fed shower. Heated towel rail. Wash basin. W.C. Skirting. Engineered laminate flooring.
Parking - This property has allocated parking for one vehicle. Plenty of on-street parking is available close by.
Tenure - This property was granted a 125 year lease in 2010. There is an annual service charge of 1,324.00 and annual ground rent of 264.00.
Services - This property is connected to mains electricity, water and drainage. It also falls under Council Tax Band B.
Agents Note - An EPC has been instructed and will be added to the advert once it has been completed.
Material Information - Verified Material Information
Council tax band: B
Tenure: Leasehold
Lease length: 125 years remaining (110 years from 2010)
Ground rent: 264 pa
Service charge: 1324 pa
Property type: Flat
Property construction: Standard form
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Central heating
Heating features: None
Broadband: FTTC (Fibre to the Cabinet)
Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good
Parking: Allocated, Communal, Driveway, Off Street, and Private
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: Level access, Ramped access, and Wide doorways
Coal mining area: No
Non-coal mining area: Yes
Energy Performance rating: C
All information is provided without warranty. Contains HM Land Registry data Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
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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