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For Sale 1 Bedroom 1 Bathroom 1 Reception Guide Price £100,000

Oak Road, Southgate, RH11 - Guide Price £100,000

GUIDE PRICE £100,000 - £110,000 A two bedroom ground floor retirement apartment at 'Homethorne House' which was constructed by McCarthy & Stone (Developments) Ltd. The property offers direct access to the outside gardens and is located close to the town centre.

The development comprises of 34 properties arranged over 3 floors each served by a lift. The Development Manager can be contacted from various points within each property in the case of an emergency. For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom. It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 year ...Read More

Typical Monthly Repayment: £443.45 from Mortgage Advice Bureau

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £250k (Percentage rate 0%)

£ 0

Above £250k and up to £925k (Percentage rate 5%)

£ 0

Above £925k and up to £1.5m (Percentage rate 10%)

£ 0

Above £1.5m (Percentage rate 12%)

£ 0

Up to £425k (Percentage rate 0%)

£ 0

Above £425k and up to £625k (Percentage rate 0%)

£ 0

Please note: This calculation is for illustrative purposes only. Calculations applicable to transactions completing after 23/09/2022. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

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Letting Fee Information

1) Tenant Referencing Fee - 1st Applicant £200.00 + VAT = £240.00. Plus £100.00 + VAT = £120.00 for each tenant thereafter.

2) Admin Fee for Tenant  (Check out )
    Studios, One Bedroom, Two Bedrooms -  £120.00 + VAT £24.00 = £144.00
    Three Bedrooms -  £150.00 + VAT £30.00 = £180.00
    Four Bedrooms -  £200.00 + VAT £40.00 =£240.00
    Five Bedroom -  £250.00 + VAT £50.00 = £300.00

3) Holding Deposit - £300.00 which will be deducted off the first month’s rent.

4) Tenancy Renewal - £100.00 + VAT = £120.00

5) Tenancy Deposit - Typically six weeks of the monthly rent, lus first month’s rent in advance. (For Example. Rent £1000.00 per calendar month paid in advance. Tenancy Deposit £1500.00. (six weeks rent) full amount payable at start of tenancy £2500.00.)