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bembridge, isle of wight
a substantial 5 bedroom period Villa with views over the Solent from the second floor.
Huge 20% discount - saving of £85,000
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Discount price |
£340,000 |
Property Price |
£425,000 |
Instant Discount |
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% Discount |
20% |
Buy to sell or let |
To sell |
Unit type |
5 bedroom house |
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| Great location on the Isle of Wight . |
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| This large, five bedroom semi detached period villa is situated within the centre of Bembridge Village in a popular location due to its close proximity to the village amenities, harbour and local beaches.
The property has been extensively upgraded and redecorated whilst retaining many of its original features to include pine doors, some original floorboards, cast iron fireplaces, picture rails and tall skirting.
Throughout the property are well proportioned rooms laid out over three floors. Downstairs is a dual aspect Sitting Room with open fire one end and log burner the other, as well as a good size family kitchen with dining area and French doors leading out to the rear garden. The middle floor boasts a luxurious bathroom and the third floor has two spacious rooms, one with views of the Solent. Further benefits include a shower room on the ground floor and a long, rear garden.
The property has been valued by local agents at circa £425,000 although the property is being marketed at £445,000. We have used the lower figures for discount purposes. We have agreed with the vendors a sale price of just £340,000 which is a 20% discount on £425,000 which provides a saving of £85,000.
 
 
Picture of the harbour not a view from the property
Market price £425,000
Purchase Price £340,000
Instant Equity £85,000
This deal is based on a buy to live or buy to sell package .
The vendor has been informed that the buyer will pay £500 towards legal fees. Pinnacle finders fee 2% +vat
There is limited comparable property within 1/4 mile of the postcode. We have found it difficult to find any 4 bedroom properties below £375,000 even extending the search to a radius of 1 mile.
Sold
Detached £580,000 Jan 2008-Same Road
Semi Detached £430,000 Oct 2007-Same Road
Semi Detached £340,000 Jul 2006 - Same Road
On market
4 bedroom Detached £450,000
4
bedroom Mid terrace £410,000
4 Bedroom Semi £395,000
3 Bedroom Detached £380,000
The above have been taken from Rightmove the property portal
The current owner would like a quick sale due to personal reasons.
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| 10 year price table |
| The table below shows how the property purchased at a net price of £135,995 could grow over the next 10 years at 2%, 5% and 8% |
% |
Yr1 |
Yr2 |
Yr3 |
Yr4 |
Yr5 |
Yr6 |
Yr7 |
Yr8 |
Yr9 |
Yr10 |
Potential growth |
2% |
£138,714 |
£141,489 |
£144,318 |
£147,205 |
£150,149 |
£153,152 |
£156,215 |
£159,399 |
£162,526 |
£165,777 |
£50,181 |
5% |
£142,794 |
£149,934 |
£157,431 |
£165,302 |
£173,567 |
£182,246 |
£191,358 |
£200,926 |
£210,972 |
£221,521 |
£105,925 |
8% |
£146,874 |
£158,624 |
£171,314 |
£185,019 |
£199,821 |
£215,806 |
£233,071 |
£251,717 |
£271,854 |
£293,603 |
£178,007 |
Prices can go up as well as down
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Call us now on the sales reservation line for further details
Tel 07887 512597
or
click on the call back request link below and we will call you
Call back request |
| Disclaimer |
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The details contained in this brochure are for guidance only. Any photographs, illustrations, plans and sizes, only give a general indication of the proposed development. The developer operates a policy of continuous development and features, specifications and external treatments may vary. The developer reserves the right to alter any part of the development.
Particulars described in this brochure should not be relied upon as accurately describing any specific matters. Tables, projections and profit forecasts, are provided for illustrative purposes only. Property values and assumed rentals can decrease as well as increase. No express or implied income claims are made herein. Neither Pinnacle Property Association/Pinnacle Property Link Ltd nor any of its partners, directors,
e employees or representatives will be liable for damages arising out of or in connection with the use of information provided in this document.
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Copyright © 2008 Pinnacle Property Association. All rights reserved. |
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