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20-23 Woodside Place, Glasgow
£325,000 Offers over
Bedrooms
Bathrooms
UNDER OFFER
SIMILAR HOMES REQUIRED.
A ground floor flat in popular New Town location for sale.
This property forms the majority part of the ground floor of a traditional New Town Georgian tenement.
The home has recently been restored to an exacting standard. The result is a 64 square meters walk in condition flat in a much admired setting.
The rooms are spacious and bright and there is a good provision of storage throughout - notably two large walk in cupboards.
The decor is contemporary and stylish along a modern theme. The current layout is flexible and leaves the property open to use as either a one or two bedroom home - thus lending itself well to the owner occupier or investor market.
In summary the accommodation comprises of;
Communal entrance with secure entry.
Large internal hall leading to all rooms with generous floor space and built in storage.
Kitchen and living space - there is a recently fitted kitchen of good quality, space for dining and living room furniture.
Front room - useful either as a more formal living room or main bedroom.
Study, or store room from the main front room
Bedroom - also at the front of the property useful either as a second bedroom or could be used as the main bedroom in a one bed configuration.
Bathroom - newly installed with modern suite and contemporary tiling and feature radiator.
In summary - a highly flexible property in a wonderful location with the benefit of very low running costs as is successfully self factored.
Garden - There is a pretty mature garden to the rear of the property and its only a short walk from this ground floor apartment to a patio area with mature shrubs.
Parking - with residents parking permit
Extras - All newly fitted blinds and John Lewis lighting as well as newly fitted carpets are all to be included in the sale.
We have great flexibility for viewings over evening and weekends and the flat comes with no onward chain.
Council Tax Band: E
Tenure: Freehold
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.
20-23 Woodside Place, Glasgow
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