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1st Floor , Brunswick House, Regent Park, 297-299 Kingston Road, , Leatherhead
£190,000
Bedrooms
Bathrooms
Fantastic one bedroom Apartment over looking the Palm Gardens in the very sort after independent living retirement village of Roseland Parc.Situated on the ground floor with level access and close to the main facilities this lovely one bedroom apartment consists of a spacious lounge with views over the Palm Gardens, a fitted kitchen with hob and built in fridge. The double bedroom also has the views of the peaceful Palm Gardens and has easy access to the wet room shower room.Properties are set amongst seven acres of landscaped grounds with an array of on- site facilities including restaurant/bar, 30 indoor swimming pool, hot tub, gymnasium, hair & beauty salon, library, croquet lawn with pavilion, boules court, bowling green and site transport. Tregony Village offers a public house, churches, post office, and a village store, as are bus stops for journeys to Truro, St. Mawes & St. Austell.
Service Charge: 7,507 per annum
Council Tax: 1,998 per annum (Tax Band B)
Lease Length: 118 years remaining
Owners of a Retirement Villages Lease are required to pay an assignment fee on re-sale of the property which is a maximum of 10% of the re-sale price of the property when it is re-sold.
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.
1st Floor , Brunswick House, Regent Park, 297-299 Kingston Road, , Leatherhead
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