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£170,000 Guide Price
Bedrooms
Bathrooms
Trowbridge is a charming town steeped in history and known for its verdant parklands and vibrant centres of commerce and leisure. Home to some of Englands finest Victorian architecture, Trowbridge is where history meets modern lifestyle. Rich in heritage, it has been a hub of the wool and spinning industry during the industrial revolution, adding an interesting story to tell for every cobblestone street and characterful building.
Flat 8, Regal Court, located on Bythesea Road in Trowbridge, is situated just a stones throw from all this and more. This two-bedroom property, whilst in good condition, holds immense potential for a proprietor to instil their personal touches. Boasting a private garden, this over-50s property benefits from the regular care of a weekly gardener. With light landscaping already maintained, the outdoor space offers a peaceful, ready-to-enjoy retreat.
This leasehold property is ideally nestled in a bustling neighbourhood, with local amenities, including The Shires and Castle Place shopping centres, just a short walk away. Furthermore, Trowbridge Park, a regional attraction, is only a short stroll from the property. For more recreational activities, the Odeon Cinema and The Civic Centre offer entertainment and cultural events, assuring a lifestyle blend of convenience and fun.
Seamless transport links are provided with Trowbridge Train Station in close proximity, offering easy access to larger cities. The property is favourably positioned just 54 miles from the M4 motorway and 26 miles from Bristol Airport, ensuring an effortless commute and travel. The property is merely 0.4 miles away from Trowbridge city centre, accentuating its convenient location.
Key Features:
' 2 Bedroom Property
' No Chain, Searches Available Upfront
' Residents Parking
' Private Garden Access
' Proximity to Shopping and Leisure Centres
' Walking Distance to Train Station
Making an offer through us:
We already have the title plan, register, and searches. Request details to see the information. Having these documents upfront will save time and stress when you have had an offer accepted.
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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