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£209,850
Bedrooms
Bathrooms
A different kind of home from home. This M Series vessel is 12 m. long and 4.5 m. wide, this model has been designed to give maximum interior space, while still fitting within a standard marina berth and with the added bonus of a 2 m. balcony front and rear ideal for al fresco entertaining. Glass windows along the full width of the front, with sliding doors for access, creates a bright airy living / dining / kitchen space bathed in natural light. The M350 can either have one larger master bedroom, or a double and a separate single bedroom layout.
The kitchen, bathroom and other internal fittings are of high specification, ensuring the same standard of living on water as on land.
Discover the charm of Premiers Falmouth Marina, nestled in the serene waters of the Fal estuary. This picturesque marina offers berthing and boatyard services, accommodating vessels up to 18 metres. Enjoy the luxury of modern facilities, including a welcoming bar and restaurant, dedicated parking, and 24-hour security. With its close-knit community and stunning cruising grounds, Falmouth Marina is the perfect base for exploring the South Wests beautiful harbours and the Isles of Scilly. Experience the best of marine life with Premier Marinas
No council tax - Leisure mooring.
Mooring charge 8,640 approx. per annum.
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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