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£275,000
Bedrooms
Bathrooms
A first floor retirement apartment with a private balcony centrally located in the town of Amesbury having been constructed by McCarthy Stone in 2015. This independent living complex has many features to include a residents lounge, laundry room and lovely well maintained landscaped gardens with patio area, lawn and various mature shrubs. Access to the complex is with a key fob and sliding doors lead to the communal hall with lift and stairs to the first floor. This spacious apartment offers a generous size hall, kitchen, sitting room/dining room with door to the balcony, principal bedroom with built-in walk-in wardrobe and en-suite shower room, further bedroom and shower room. The apartment is warmed by electric under floor heating. An internal viewing is essential to appreciate this superb apartment. Amesbury has a good range of shopping, business and recreational facilities and is ideally placed for the A303 road network. The City of Salisbury is some eight miles south where a more comprehensive range of amenities can be found as well as a main line rail link to London - Waterloo.
Communal Entrance
Door fob access opening to sliding doors leading to the communal hallway with lift and stairs to the first floor.
Personal Door to the apartment.
Hall
A generous size area with intercom system, storage cupboard.
Kitchen
8 (2.44m) x 72' (2.18m)
Fitted with a range of base, drawer and wall units, preparation work surfaces, stainless steel sink unit with mixer tap, fitted electric hob with cooker hood over, built-in oven, integrated fridge/freezer, window.
Sitting Room/Dining Room
223' (6.68m) x 104' (3.15m)
Window, door leading to the balcony that offers views over the communal garden.
Bedroom
147' (4.44m) x 108' (3.25m)
Window, walk-in wardrobe with hanging space and shelving.
En-suite Shower Room
Comprising of a walk-in shower, wash hand basin set in vanity style unit, W.C., ladder rack style towel rail.
Bedroom
13 (3.96m) x 98' (2.94m)
Window.
Shower Room
Comprising of walk-in shower, wash hand basin set in vanity style sink unit, W.C., ladder rack style towel rail.
The communal areas include a laundry room, residents lounge and store room for mobility scooters.
Outside
The lovely maintained gardens offer patio area, lawn and various flowers and shrubs.
Agents Note
Maintenance/administrative charges are applicable on this property.
Council Tax Band D
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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