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£65,000

Studio for sale

Church View, Church Walk, Bourne PE10

£65,000

Studio for sale

Church View, Church Walk, Bourne PE10

Description

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Nearest schools

school icon  Bourne Abbey Church of England Primary Academy (0.2mi.)
Outstanding
school icon  The Willoughby School (0.3mi.)
Good
school icon  Bourne Grammar School (0.3mi.)
Outstanding

Property description

Main Entrance 

Main door access to the communal hall and stairs leading to 1st Floor, you need to go through a second internal door before having access to the apartment front door. 


Lounge/Bedroom 

he living bedroom area benefits from a built in storage cupboard, TV Point, Telephone point, plug sockets, storage heater and window with front aspect and door leading 


Kitchen 

The kitchen is fully fitted with a range of wall and floor units, airing cupboard, work surfaces and stainless steel sink, under the work surface there is plumbing for a washing machine and space for electric oven and fridge. 


Bathroom 

Fitted with a three piece bathroom suite comprising of low level W/C, Hand Basin, Bath with tiled surround. 


Parking 

Allocated off road parking available 


Leasehold Information 

The vendor informs us that the years remaining on the lease are 70 years 


The vendor informs Belvoir that the service charge is approximately - £60 per month 


The vendor informs Belvoir that the Ground rent is approximately - £100 per annum 


Investor Information 

Based on a sale at £60k and a rental income of £350pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary) 


- 75% loan assuming standard BTL loan at 2.49% (interest only) 

- Capital used £18,150 (including deposit, stamp duty and conveyance) 

- Annual pre tax profit of £2,045 = 11.27% pre tax income on capital used (these assumptions include a maintenance estimate and service charge and ground rent estimates) 


Belvoir Disclaimer 

Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Floor plans

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