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294 Heathway, RM10 8LU
£774,995
Bedrooms
Bathrooms
Reception
OPEN DAY SATURDAY 15TH MAY FROM 12PM
Every now and then something a little bit special comes to the market Enter stage right a property that fits the bill in every sense of the word.
Style, character and period charm is apparent in abundance in every corner with this six bedroom detached property situated just off Hamlet Court Road, ideally situated for the C2C and seafront.
Arranged over three levels the late Victorian property (built circa 1898) exudes personality with the opportunity to customise to suit any individual preference of configuration and decorative style.
Features and benefits wherever the eye is drawn include a fabulous sized west facing rear garden, living accommodation over three floors and no onward chain to whet the appetite of the discerning buyer who is looking to avoid the complexities of a chain. Could the stamp duty deadline be beaten here? A possibility for the versatile and expeditious home hunter.
A guided tour of this beautiful family home is available via the clients sole agent ,Ramsey Moore. Call to arrange before the sold sign goes up!
Guide price 774,995 01702908616
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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