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1 bed property for sale Birchin Bank, Elsecar

Asking price

£70,000

Added yesterday

Bedrooms: 1
Tenure: Ask agent

About this property

One-bedroom apartment in Elsecar, ideal investment opportunity. This well-positioned property offers a strong rental potential of approximately £600pcm and is offered with no vendor chain, making it an attractive purchase for investors or first-time buyers alike. Ideally located close to local amenities and excellent transport network links, the apartment provides convenient access to surrounding areas.

Council tax

Ask agent

Location

Birchin Bank, Elsecar

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Mortgage and stamp duty

Property price £70,000

£35k £105k

Deposit10% £7,000

£0 £70k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £63,000 mortgage. Most lenders would want a household income of about £14,000 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.