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£175,000
Bedrooms
Bathrooms
Preston Baker are pleased to offer, free of chain, this well presented, refurbished, two bedroom ground floor apartment. Nestled in a peaceful setting on the furthest corner of the development, the home has been recently refurbished and redecorated, ready for the next owner to move in and enjoy.
'We have loved living in such a quiet, safe location. We have really enjoyed relaxing in the living room looking out at trees and greenery. Plus it is walking distance to our daughters school at Allerton High' - the current owners.
Enter through a communal door and down a hallway to the front door of the apartment. Once inside you are greeted be a welcoming entrance, which leads straight into the spacious lounge/diner. The relaxing lounge enjoys a very private, leafy outlook. Off the dining area is the recently installed kitchen, with sleek, handle-less cabinetry and space for appliances. There is a handy space off the kitchen housing the fridge/freezer and the newly installed combi boiler.
Also off the entrance hall are two double bedrooms, both offering relaxing retreats. There is a house bathroom which has been recently upgraded with a new w/c, wash hand basin and shower over bath.
Externally, there are well maintained communal gardens with large lawns, ideal for enjoying the outdoors during warmer months. This property has the benefit of its own private garage, and there is further residents parking.
Blackmoor Court is a popular development situated just off King Lane in Alwoodley. Residents can enjoy living walking distance to highly regarded schools such as Allerton High, Alwoodley Primary and St Pauls primary. Nature enthusiasts will enjoy being across the road from green spaces and a childrens playground, and a short drive takes you to Golden Acre Park with beautiful woodland and lakeside walks. There are various shops, eateries and other amenities on the doorstep, and a Sainsburys supermarket further down King Lane.
Lease - 999 years from 1982
Service charge - 130 pm
Ground rent - included within service charge
Management company - Alwoodley Flats Ltd
Please head to our website or call us to to book your in-person viewing appointment!
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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