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23, BT41 4BG
£74,950 Offers over
Bedrooms
Bathrooms
Reception
We are delighted to present to the market for sale this excellent investment opportunity at 60B Donegore Drive, Antrim.
This well-presented two-bedroom ground floor flat is offered with a sitting tenant already in place, making it an ideal ready-made investment.
The property benefits from a spacious kitchen and living area, well-proportioned accommodation throughout, and is in a popular residential area. Conveniently positioned close to local amenities, shops, and bus routes, it offers strong rental appeal and easy access to the wider Antrim area.
An excellent opportunity for investors seeking an established rental property in a desirable location.
Hallway
The hallway benefits from built-in storage cupboards, one of which discreetly houses the gas boiler, providing excellent storage while keeping services neatly concealed.
Living Room (4.0m x 3.69m)
A bright and comfortable living space finished with laminate flooring and heated by a double radiator, making it ideal for both everyday living and entertaining.
Kitchen (2.3m x 3.5m)
The kitchen is fitted with a range of high- and low-level units complemented by white granite-effect worktops. Additional features include a stainless steel sink, built-in oven, and plumbing for a washing machine, offering a practical and functional layout.
Bathroom (1.8m x 1.76m)
The bathroom is fitted with a WC and wash hand basin, complemented by a floating shelf. The room features tiled flooring, partially tiled walls, and a fully tiled shower enclosure housing a power shower with temperature control, creating a clean and modern finish.
Map location is not available for this property.
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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