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£100,000 Offers in excess of
Bedrooms
Bathrooms
''' RETIREMENT PROPERTY - OVER 60s ONLY '''
Welcome to this charming 2-bedroom retirement apartment nestled in the heart of Holt on Grove Lane. This McCarthy and Stone development offers a high-quality living experience tailored for those seeking comfort and security in their golden years.
As you step inside, youll be greeted by a spacious reception hall that sets the tone for the rest of the property. The sitting/dining room provides a versatile space for relaxation and entertaining, while the fitted kitchen comes complete with integrated appliances for your convenience. Both bedrooms are generously sized, with the principal bedroom boasting an excellent range of fitted wardrobes. The second bedroom is equally spacious and can easily accommodate a double bed if desired. A modern shower room completes the living space.
The apartment features sealed unit double glazed windows and electric heating throughout, ensuring your comfort year-round. For added peace of mind, an intruder alarm and emergency pull cord system have been installed.
Ainsworth Court offers a range of communal facilities that enhance the living experience. These include a residents lounge, perfect for socialising with neighbours, and a guest suite available for overnight visitors. The development is surrounded by well-maintained communal gardens, with a particularly pleasant area at the rear which this flat overlooks. Residents also benefit from dedicated parking spaces.
The location of this property is truly exceptional. Situated on Grove Lane, youre within easy walking distance of Holts town centre. This charming Georgian town boasts some of North Norfolks finest shopping facilities, including delicatessens, gift shops, antique centres, cafes, restaurants, and a large Budgens supermarket.
Additional amenities include a modern communal laundry room, a battery scooter store with charging points, and the services of a House Manager. The service charge covers water rates, the House Managers salary, window cleaning, exterior maintenance of the building and grounds, and buildings insurance.
This apartment offers the perfect blend of independent living with the reassurance of a supportive community, all in the heart of one of Norfolks most desirable towns. Dont miss this opportunity to make this delightful property your new home.
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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