1 /23
£215,000
High Street, Loftus, TS13
- 7 beds
£215,000
- 7 beds
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Estimate monthly mortgage payment:
£982 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
£10,750
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ATTENTION INVESTORS!
A fantastic investment opportunity to acquire a converted, historic grade II listed sandstone building which includes three spacious apartments and a semi detached cottage, ideally located in the popular Market Square of Loftus. Generating an income of ?1875pcm in rent, achieving a yield of 10.5%.
28 High Street
Apartment A (Ground floor) briefly comprises of a living room, kitchen, bathroom and two double bedrooms.
Apartment B (First floor) comprises of an entrance hallway, living room, kitchen, bathroom and two double bedrooms.
Apartment C (Second floor) comprises of an entrance hallway, living room, kitchen, bathroom and two double bedrooms.
To the rear of the main building is Banks Cottage, a semi detached sandstone cottage, set over two floors and comprising of a living room, kitchen, ground floor bathroom/WC, first floor bedroom and a shower room/WC.
Also at the rear is a communal garden, yard and patio area.
what3words /// lawfully.beats.sigh
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Redcar & Cleveland Borough Council, To Be Confirmed
A fantastic investment opportunity to acquire a converted, historic grade II listed sandstone building which includes three spacious apartments and a semi detached cottage, ideally located in the popular Market Square of Loftus. Generating an income of ?1875pcm in rent, achieving a yield of 10.5%.
28 High Street
Apartment A (Ground floor) briefly comprises of a living room, kitchen, bathroom and two double bedrooms.
Apartment B (First floor) comprises of an entrance hallway, living room, kitchen, bathroom and two double bedrooms.
Apartment C (Second floor) comprises of an entrance hallway, living room, kitchen, bathroom and two double bedrooms.
To the rear of the main building is Banks Cottage, a semi detached sandstone cottage, set over two floors and comprising of a living room, kitchen, ground floor bathroom/WC, first floor bedroom and a shower room/WC.
Also at the rear is a communal garden, yard and patio area.
what3words /// lawfully.beats.sigh
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Redcar & Cleveland Borough Council, To Be Confirmed
Your estimated purchase costs
Find out how much it will cost to purchase this property.
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
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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