1 /8
£850,000
Parade, Leamington Spa, CV32
- 0 beds
£850,000
- 0 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£3,880 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
£42,500
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The property comprises three terraced units, let to three individual commercial tenants producing a combined income of ?70,500 p.a. which we summarise below:
160 Parade - let to A Plan Insurance Group for a term of 10 years expiring 11/12/20027 at a rent of ?23,500 p.a.
162 Parade - let to Hamesh Antique Furniture Ltd for a term of 3 years, expiring 10/01/26 at a rent of ?25,000 p.a.
164 Parade - let to Reynolds Interiors Ltd for a term of 5 years, expiring 28/09/28 at a rent of ?22,000 p.a.
In addition the upper parts have been converted to 10 flats and have been sold off on long leaseholds. The total ground rent is ?1,000 per annum.
Mortgage calculator
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£3,880 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).
£30,000
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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