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Situated five miles from Ipswich Town Centre towards Bury St.Edmunds,
Rushbrook Mill is an exclusive private development offered to our
investors by Braceforce Limited.
Located by the Weir of the River Gippy the development boasts twenty
apartments, 3x2 beds and 17x1 bed. In addition there are 2x2 bed
cottages, that are also available.
Net prices start from £91,205, including parking. All apartments
have river views along with stunning Suffolk Countryside
surroundings. DEPOSIT PAID.
The estimated time of completion is December 2006, making this an
ideal purchase for first time buyers, those starting their property
portfolio and also for those wanting a good value Country retreat.
Available to reserve from January 2006.
|
Unit |
Type |
Sq Ft |
Gross price |
15% Discount |
Nett Price |
|
|
1 |
2 bed house |
1022.5 |
£296,000 |
£44,400 |
£251,600 |
|
|
2 |
2 bed house |
893 |
£259,000 |
£38,850 |
£220,150 |
|
|
3 |
2 bed appt |
544 |
£157,760 |
£23,664 |
£134,096 |
|
|
4 |
1 bed appt |
463 |
£134,270 |
£20,140 |
£114,130 |
|
|
5 |
1 bed appt |
427 |
£123,800 |
£18,570 |
£105,230 |
|
|
6 |
1 bed appt |
452 |
£131,000 |
£19,650 |
£111,350 |
|
|
7 |
1 bed appt |
420 |
£121,800 |
£18,270 |
£103,530 |
|
|
8 |
2 bed appt |
544 |
£157,760 |
£23,664 |
£134,096 |
|
|
9 |
1 bed appt |
463 |
£134,270 |
£20,140 |
£114,130 |
|
|
10 |
1 bed appt |
430 |
£124,700 |
£18,705 |
£105,995 |
Reserved |
|
11 |
1 bed appt |
452 |
£131,000 |
£19,650 |
£111,350 |
Reserved |
|
12 |
1 bed appt |
420 |
£121,800 |
£18,270 |
£103,530 |
|
|
13 |
2 bed appt |
544 |
£157,760 |
£23,664 |
£134,096 |
|
|
14 |
1 bed appt |
463 |
£134,270 |
£20,140 |
£114,130 |
|
|
15 |
1 bed appt |
430 |
£124,700 |
£18,705 |
£105,995 |
Reserved |
|
16 |
1 bed appt |
452 |
£131,000 |
£19,650 |
£111,350 |
Reserved |
|
17 |
1 bed appt |
420 |
£121,800 |
£18,270 |
£103,530 |
|
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18 |
1 bed appt |
486 |
£141,000 |
£21,150 |
£119,850 |
|
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19 |
1 bed appt |
422 |
£122,300 |
£18,345 |
£103,955 |
|
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20 |
1 bed appt |
370 |
£107,300 |
£16,095 |
£91,205 |
|
|
21 |
1 bed appt |
400 |
£116,000 |
£17,400 |
£98,600 |
|
|
22 |
1 bed appt |
377 |
£109,300 |
£16,395 |
£92,905 |
|
(Prices correct at time of press release in December 2005, and maybe
subject to change due to market conditions).
Ground rent £200 P.A / Gross
Service Charge £500 P.A / Gross
Parking included.
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Schedule of payments
1) Reservation fee to developer (Braceforce Ltd) £1000.
2) Exchange contracts 28 days from receipt of reservation fee. Paying
5% of gross price less £1000 reservation fee already paid.
This amount is refundable on completion.
3) Balance of purchase paid via mortgage. Exchange fee refunded at
this stage.
4) Fee’s payable
i) Solicitor fees circa £600.
ii) Mortgage arrangement fee - 1% of loan.
iii) Instant Portfolio fee - 2% of gross purchase price.
Purchasers are under no obligation to use the legal and financial
services offered by Instant Portfolio and may appoint independent
professionals who are experienced within the but to let market.
Example of how a purchase would work at this development. ( We have
used unit 22 1 bed 1 bathroom apartment, 377 sq ft)
i) Reservation fee £1000
ii) 5% exchange fee less £1000 reservation fee already paid £4465
iii) Refund on completion £5645
iv) Instant gross equity £16,395
v) Less fees as follows;
a) Solicitors fee £600,
estimated only
b) Mortgage arrangement fee £1093
c) Instant Portfolio 2% plus VAT £2568.55
Total
fee's you pay £4261.55
vi) Net Instant Equity £12,133.45 |
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Current condition of the site....................
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