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£400,000
Bedrooms
Bathrooms
Looking for a spacious apartment with character and sea views? This four-bedroom first-floor home in St Leonards offers high ceilings, a fireplace, and bright rooms, along with a private terrace space in a sought-after location.
This exceptional four bedroom apartment set within this highly impressive Grade II listed Decimus Burton designed building enjoys some outstanding views over Burton St Leonards towards the English Channel.
Located in 'The Mount' a particularly desirable crescent set around a residents tennis court you are ideally placed to enjoy the picturesque St Leonards Gardens, Seafront as well as the numerous independent shops, eateries and galleries St Leonards has to offer.
The layout provides four good-sized rooms, offering flexibility for living, working, or hosting guests. The living space is centered around a fireplace, adding a focal point to the room and a sense of warmth, along with windows capturing sea views. The kitchen and bathroom are well-equipped, and the apartment as a whole offers both comfort and practicality.
An area of private terrace adds to the appeal, offering a space to sit outside and take in the surroundings.
A property with this combination of space, character, and sea views is a rare find. Suitable for a range of buyers, it offers the chance to live in a bright and well-positioned home with plenty of charm.
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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