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14 Tynwald Street, Douglas, Isle of Man, IM1 1BG
£710,000
Bedrooms
Bathrooms
Reception
Beautiful detached house in Westham Lea, Castletown, presents an excellent opportunity for prospective buyers or renters seeking a spacious and comfortable home. With its ample reception rooms, four bedrooms, and two bathrooms, it is sure to meet the needs of modern living. Do not miss the chance to make this wonderful property your own.
Directions - Travelling northwards along Gansey towards Castletown, continue up Fishers Hill and onto the bypass road. Turn first right onto Arbory Road passing the Swimming Pool, bear left onto Arbory Street. Take the first private brick pavioured road into Westham Lea and No 1 will be found in a corner location with surrounding gardens of this quiet, desirable cul-de-sac.
Overview - Nestled in the prestigious and sought-after development of Westham Lea, Castletown, this immaculate detached house presents a remarkable opportunity for discerning buyers. With its generous layout, the property boasts three well-appointed reception rooms, providing ample space for both relaxation and entertaining.
The home features four comfortable bedrooms, ensuring that there is plenty of room for family and guests alike. Additionally, the two modern bathrooms offer convenience and privacy, catering to the needs of a busy household.
Situated close to all local amenities, this property is ideally located for those who appreciate the convenience of nearby shops, restaurants, and schools. The vibrant community of Castletown enhances the appeal of this residence, making it an excellent choice for families and professionals alike.
Additional Information - - Solar Roof Panels
- Gas Central Heating
- uPVC Double Glazed
- Close to Local Schools
New Home: Non New Home
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.
14 Tynwald Street, Douglas, Isle of Man, IM1 1BG
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