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3 bed property investment for sale Station Road, North Hykeham

Asking price

£299,950

Added two days ago

Type: Property Investment
Bedrooms: 3
Tenure: Freehold

Council tax Band A

About this property

For further details on this property please call us 01522 845845 Book a Viewing Share this Property Features Fantastic Investment Opportunity Three Apartments With Tenants In Situ Potential Gross Income £20,880 Gross Return Of 5.8% Parking For All Apartments Large Plot Potential For Further Development (STPP) Call Today To View Summary GREAT INVESTMENT!! £20,800 GROSS POTENTIAL INCOME PER ANNUM!!

Floorplan

Council tax

Band A

Location

Station Road, North Hykeham

Open map Street View

Mortgage and stamp duty

Property price £299,950

£149k £450k

Deposit10% £30,000

£0 £300k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £269,950 mortgage. Most lenders would want a household income of about £60,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.