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23, BT41 4BG
£94,950 Offers over
We are delighted to bring to the market this well-presented three-bedroom property, ideally located in a popular area of Antrim. This represents an excellent opportunity for an investor, as the property is fully compliant with current smoke alarm regulations and benefits from a valid EICR, making it a highly cost-effective purchase. Recently painted and ready for immediate letting, it also offers strong appeal for first-time buyers. With strong demand in the area, early viewing is highly recommended this is one not to be missed.
Entrance porch
With PVC front door and hard tiled flooring, leading into the main hallway.
Hallway
Carpeted stairs, single radiator, providing access to ground floor accommodation.
Living Room 4.93m x 3.79m
Spacious reception room featuring a bay window, electric fire with marble hearth and wooden surround. Two single radiators.
Kitchen 5.80m x 2.68m
Fitted wooden kitchen with laminate worktops and tiled splashback. Hard tiled flooring, single radiator. Walls are part panelled and part plastered. Doorway leads to a useful storage cloakroom.
Utility Room 2.50m x 1.60m
Separate utility area with tiled floor, brick walls and housing the boiler.
Bathroom 1.95m x 1.50m
Three-piece white bathroom suite comprising bath with overhead shower, WC and wash hand basin. Linoleum flooring and single radiator.
Bedroom One 3.70m x 2.70m
Double bedroom with wooden laminate flooring and single radiator. Built-in sliding double wardrobe with silver hanging rail and overhead storage cupboards.
Bedroom Two 3.20m x 2.90m
Double bedroom with wooden laminate flooring and single radiator. Built-in double wardrobe with silver hanging rail and two overhead storage cupboards.
Bedroom Three 2.80m x 2.30m
Single bedroom with carpeted flooring and single radiator.
Outside
Enclosed rear garden laid in paving, bordered by a six-foot wooden fence.
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.
23, BT41 4BG
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