Joflor Mount, 54 North Promenade, Lytham St. Annes, FY8

1 /13
Available / For Sale

3 bedroom flat for sale

£537,500

3

Bedrooms

2

Bathrooms

Floorplan

''' EXQUISITESEA FRONT APARTMENT OFFERING EXCEPTIONAL VIEWS,SITUATED WITHIN AN ICONIC VICTORIAN BUILDING, 2000 SQUARE FEET OF ACCOMMODATION, 3 RECEPTION ROOMS, KITCHEN, 3 BEDS, 2 BATHS, OFFICE, PRIVATE BALCONY, GARAGE...... Unique are honoured to bring this breath taking property to the market '''

Welcome to Joflor Mount, one of the most prestigiousapartments you will find, along with beingthe oldest Victorian residence on the Lytham St. Annes Coast. The property is very large internally and provides excellent size living accommodation. The originaland ornate features throughout, really are something to behold; whether its the strikingVictorian solid wooden doors, the stain glassdetailing or the feature artwork to the kitchen ceiling.

The propertyis presented to a very high standard and brieflycomprises; Alarge lounge with stunning walk in bay window, dining room which provides access to the balcony; the un-interruptedviews are simply spectacular,a modern fitted kitchen, three doublebedrooms, a bathroom and a shower room, formal office.

The elevated duplex apartment is located on one of the finest stretchesof the FyldeCoast, views from the lounge and the balconyarebreath taking. The propertyis convenientlylocated, just a short stroll away from St. AnnesTown centre and all of its local amenities. Excellent Golf courses and transport links are also nearby.

Stunning entrance hall and grand staircase with exceptional stain glasswindow lead to the properties own entrance.


First Floor

Entrance Hall
Door opens on to a large L-shapehallway, Two feature cast iron radiators, picture rail, entry phone intercom system,coving to ceiling, stairs to second floor with storage cupboard under, doors lead to:

Lounge
This is simply exceptional room, the size, outlook and features are spectacular.Walk in picturebay window to the front elevation provide superbopen views over the coast, window to side, three cast iron radiators, telephone point, satellite TV point, two inset display cupboards,coving to ceiling,recently installed log burning fire withfeature surround and tiled hearth, open access to:

Dining Room
Cast iron Radiator, French doors with double glazed side panels open on to:

Balcony
Large balcony with feature balustradesprovides a superb area to sit and relax, it affords stunningunrestrictedview of the Irish Sea and beyong.

KitchenBreakfast Room
Well presented and proportioned kitchen breakfast room. The kitchen comprises a range of fittedwall and base units with quartz worktops, inset sink with mixer tap, under-unit lights, integrated dishwasher, washing machine and tumble dryer, space for fridge/freezer, built-in double oven and grill, built-in hob with extractor hood over, built-in microwave, three windows to side, radiator, TV point, wall light point.

Bedroom 1
The first of three double bedroom, window to rear, recently fitted highly end fully bespoke bedroom suite with a range of wardrobes, fitted matching dressing table, radiator, TV point.

Bathroom
A four piece suite consists-Jacuzzi bath with shower attachment, mixer taps, wash hand basin with vanity unit below, bidet and WC, heated towel rail, extractor fan, shaver point, obscure double glazed window to rear, obscure window to side, two wall light points.

Additional Toilet
Obscure window to rear, two piece suite comprises; wash hand basin with mixer tap, and WC, heated towel rail.

Second Floor

Stairs from the aforementionedhallway lead to a landing with snug/sitting area. Veluxwindow to front, radiator. Doors lead to -

Bedroom 2

Two velux windows, radiator, picture rail, built-in wardrobe, double doors to:

Dressing Room
Fitted bedroom suite with a range of wardrobes, door to:
Office
Recently converted space provides and excellent form office. Wall mounted combination boiler.

Bedroom 3
This is a excellent size bedroom, high level window to rear,recently fitted highly end fully bespoke bedroom suite with a range of wardrobes,radiator.

Shower Room
This shower room has a four piece suite, which comprises-enclosed shower,wash hand basin with mixer tap, bidet, and WC, part tiled walls, heated towel rail, extractor fan, velux window, radiator.

ExternalGarage to the rear, with additionalstorage area. Private communalfront garden, provides a superb South Westerly facing space which is ideal for the entertaining and benefits from the sun all afternoon and evening, a large laid to lawn area is flanked by two driveways.Offered with no onward chain.No pets allowed in the block.''' This property is one of a kind, if you are looking for location, size and opulence, it is not to be missed '''

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 446137.5

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13437.5
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 43012.5
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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