1 bed flat for sale Victoria Park Road, Bournemouth

Guide Price

£80,000

Added yesterday

For sale by auction

Type: Flat
Bedrooms: 1
Tenure: Leasehold

Council tax Band B

About this property

Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

Floorplan

Council tax

Band B

Location

Victoria Park Road, Bournemouth

Open map Street View

Mortgage and stamp duty

Property price £80,000

£40k £120k

Deposit10% £8,000

£0 £80k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £72,000 mortgage. Most lenders would want a household income of about £16,000 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.