1 /9
£1,200,000
Baxter Gate, Loughborough, - Flats For Sale - Freehold, LE11
- 10 beds
£1,200,000
- 10 beds
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Estimate monthly mortgage payment:
£5,478 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
£60,000
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An excellent investment opportunity comprising nine self-contained flats creating a yearly income of ?83,647.20, including a mix of studios, one-bedroom, and also a two-bedroom top floor flat. All flats are sold with tenants in situ, benefiting from a long-standing history of steady lettings. Recently refurbished to a high standard, the property offers modern interiors and quality finishes throughout.
The property also creates a net yield of 6.97% at the ?1,200,000 asking price.
Ideally situated in a prime town centre location, the development is close to a wide range of amenities, making it attractive to tenants and ensuring ongoing demand. This well-maintained block presents a secure income stream and strong rental appeal in a sought-after area.
The property also creates a net yield of 6.97% at the ?1,200,000 asking price.
Ideally situated in a prime town centre location, the development is close to a wide range of amenities, making it attractive to tenants and ensuring ongoing demand. This well-maintained block presents a secure income stream and strong rental appeal in a sought-after area.
Mortgage calculator
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£5,478 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).
£61,250
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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