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£425,000
Office For Sale *** Belton Street, Stamford, PE9
- 0 beds
Under offer/SSTC
£425,000
- 0 beds
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Estimate monthly mortgage payment:
£1,940 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£21,250
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*** HIGH RENTAL YEILD *** POTENTIAL FOR 15% YIELD ONCE FULLY OCCUPIED *** 2600 SQ FT Office block in the centre of Stamford. Potential various uses subject to planning. The pictures show the office space for the upstairs offices. There are currently no pictures for the downstairs area, but it is able to be viewed on an internal viewing. The whole of the downstairs has been let out to a window company on a 5 year deal at £2000 per month. Whilst the front upstairs office is let for £1000 per month. Giving the office space £3000 per month rental income currently. There are currently vacant office spaces, which if occupied should be another £1500 per month. Bringing the total income to £4500 per month.
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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Property details
£425,000
property for sale
Office For Sale *** Belton Street, Stamford, PE9
*** HIGH RENTAL YEILD *** POTENTIAL FOR 15% YIELD ONCE FULLY OCCUPIED *** 2600 SQ FT Office block in the centre of Stamford. Potential various uses subject to planning. The pictures show the office space for the upstairs offices. There are currently no pictures for the downstairs area, but it is able to be viewed on an internal viewing. The whole of the downstairs has been let out to a window company on a 5 year deal at £2000 per month. Whilst the front upstairs office is let for £1000 per month. Giving the office space £3000 per month rental income currently. There are currently vacant office spaces, which if occupied should be another £1500 per month. Bringing the total income to £4500 per month.