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£450,000
Bedrooms
Bathrooms
Scott & Stapleton are excited to offer for sale this huge self contained ground floor purpose built apartment benefitting from a fabulous private, west facing REAR GARDEN, DETACHED GARAGE, PARKING & 3 GOOD SIZE BEDROOMS.
This super property is in excellent condition throughout with a recently fitted kitchen/diner with integrated Neff appliances, large separate lounge, 3 good size bedrooms, luxury fitted shower/wet room, west backing garden, detached garage, off street parking & a share of freehold.
Located in a highly desirable location south of the London Road the property is within catchment for the popular West Leigh schools catchment area & easy walking distance of Leigh mainline railway station & Broadway.
A brilliant opportunity for a downsizing option this is a unique chance to buy one of the best apartments around with the added bonuses of parking, garage & garden.
Offered with vacant possession & no onward chain an early internal inspection is strongly advised.
Entrance - Door to entrance with further door with phone entry. Communal entrance leading to all apartments with own personal door on ground floor leading to flat.
Hallway - 4.17m x 1.63m (138 x 54) - Wood effect laminate. Good size space with doors to rooms. Wall mounted phone entry system. Electric radiator. Smooth plastered walls and textured ceiling.
Bedroom Three - 2.72m x 2.29m in to bay (811 x 76 in to bay) - Double glazed bay window to front. Carpet. Smooth plastered walls.
Bedroom Two - 3.81m x 2.51m (126 x 83) - Double glazed window to side overlooking garden. Smooth plastered walls. Electric heater.
Bedroom One - 3.81m x 3.15m maximum (126 x 104 maximum) - Double glazed window to side elevation over looking garden. Electric heater. Fitted wardrobes. Smooth plastered walls.
Shower Room/Wet Room - 2.01m x 1.96m (67 x 65) - Low level WC, wash hand basin in vanity unit with mixer tap & drawers below, walk in shower area, vinyl flooring, fully tiled walls, mirror fronted fitted cupboard, heated towel rail, extractor fan.
Lounge - 4.80m x 3.58m (159 x 119) - Wood laminate flooring. Double glazed french doors opening on to garden. with adjacent full height double glazed windows. Electric heater. Sooth plastered walls. archway to kitchen.
Kitchen/Diner - 5.38m x 2.36m (178 x 79) - Fully tiled flooring. Double glazed french doors opening on to garden and feature Velux style window. Selection of recently fitted base & eye level units with deep pan drawers to base level. Luxury integrated Neff appliances including electric oven, microwave/oven, separate electric hob, extractor fan, dishwasher, wine cooler & washing machine. Quartz worktops with matching splashback, inset stainless steel one and a quarter bowl sink unit with mixer tap. Smooth plastered walls. Large built in cupboard housing foam lagged copper cylinder.
Garden - West facing and beautifully maintained. Attractive plant borders, block paved patio area plus large decked patio. Door to garage. Rear gate providing access to parking space.
Garage And Parking - 5.66m x 3.18m (187 x 105) - Own garage with power and lighting. Hard standing area in front of garage providing off street parking for one vehicle.
Info - Share of freehold.
Lease was 999 years from 1992
Buildings insurance contribution 132 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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