£825,000
Commercial
Share Property
Summary
Commercial
Type
-
Tenure
-
Approx Size m2/ft2
The property features 12 well appointed rooms over 4 floors and includes a caretakers facility and parking for 2 cars in tandem.
The accommodation is a mixture of shared and private facilities. The ground floor has the caretakers flat plus 2 x en suite rooms with the remaining rooms having shared facilities.
Currently providing a gross income of £80,480 this is an excellent return on investment.
Location
Located on the town outskirts and just a short stroll from the town centre, the opportunity has arisen for the canny investor to purchase a fully let lodging house.
Legal costs
Each party to bear their own legal costs and any other cost incurred in the sale of this property.
Services
Mains water and drains, electric heating.
Asking Price
The Freehold interest in the Property is available to purchase for a sum of £865,000 exclusive of GST (if applicable).
Map
Mortgage Calculator
£
35 yrs
60% 2 year tracker - 4.70%
With a 40% deposit of £330,000 on a property valued at £825,000 your monthly payments would be£2,404.30
Stamp Duty
Calculated on the property value of £825,000 the total stamp duty would be £18,375
Subject to £80 registration fee and £20 Jurat's fee where applicable.
Subject to £80 registration fee and £20 Jurat's fee where applicable.
