Guide Price: £300,000 – £325,000
A stylish one bedroom garden flat, with a private entrance and front courtyard. Located in this vibrant and sought after Preston Park area.
This beautiful flat brings a modern finish whilst retaining original period features and wooden flooring throughout.
To the front of the property is a spacious bedroom, offering plenty of room for storage. The bedroom also benefits from large, double-glazed bay windows which floods this room with light.
The generous living area opens out to the private patio, adding a light and airy feel to the flat, with plenty of room for a dining table.
Following through from the social living space is the modern kitchen which overlooks the west facing patio, leading the way through to the perfectly designed and finished bathroom to the back of the property.
The flat also benefits from underfloor heating throughout both the kitchen and bathroom.
This flat would make either a great first purchase or a strong investment with it’s convenient and popular location, being only 2 minutes from Preston Park and a 10-minute walk from Brighton Station.
Council tax band – A
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Finding a mortgage
Buying a house is a massive investment and getting it just slightly wrong can be costly. Unless you have big savings, chances are you’re going to have to get a mortgage. It’s a loan secured against the property which means if you can’t meet the repayments the lender may repossess your home and sell it to get their money back.
The better you understand mortgages and everything to do with them, the better armed you will be to get the very best deal. With MMR in place, you’ll need to review your finances themselves before approaching possible lenders to see whether you can afford the monthly payments now and if interest rates go up, which they will…
What is MMR?
When it comes to finding a mortgage you have several options: mortgage brokers, individual banks or searching online. Again, it’s important to do your research. Searching online first, gives you a good idea of what’s available, but an independent mortgage broker can provide a more in-depth search and help you through the process. Being independent holds great value as they are not bias to any particular lenders or deals, they will give you their honest opinion and take away the stress of working your way through the mortgage market, they work for you to find you the best package to suit your requirements.
For more information on the current mortgage rules and deals, contact your local branch today to arrange an appointment.
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