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16, Hampshire, PO11 9BL
£799,950
Bedrooms
Bathrooms
Reception
The main house has five/six bedrooms and two/three reception rooms with kitchen/breakfast room and utility along with ground floor bathroom. On the first floor there are four bedrooms and family bathroom along with the potential to extend further into the roof space (subject to planning) The Annex has both separate and integrated access and comprises south facing lounge, bedroom, kitchen/dining room and shower room. Outside to the front which overlooks open fields is driveway access leading to parking and a detached garage. To the rear is a substantial, south facing garden with the plot approaching three quarters of an acre with established fruit trees and wild damsons. The property is situated a short walk to the shores of Gutner Creek along with idyllic walks across open farmland with abundant wildlife including roe deer, barn owls, buzzards and kestrels. The property is situated just over a mile from Northney Marina and The Langstone Hotel with Gym and Pool and approximately half a Mile to The Yew Tree Public house. Havant Train station with fast trains to London Waterloo is less than 4 miles away. Viewing highly recommended. No onward chain.
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.
16, Hampshire, PO11 9BL
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