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98 Coldharbour Lane, London, SE5 9PU
£125,000
Spacious Garage for Sale in W1H 7NS, Marylebone!
Introducing an exceptional investment opportunity in the heart of London's coveted Marylebone neighborhood! This remarkable garage, offering a generous 20.70 sqm (Measurements - 6.95m depth by 2.98m width. Floor to ceiling height is approximately 3.89m)of space, is now available for purchase in the sought-after W1H 7NS postcode. With a 48-year lease and an unbeatable price of 125,000, this is your chance to secure a prime piece of real estate in one of London's most desirable areas. Don't miss out on this spacious and lucrative investment opportunity!
Prime Location in Marylebone:
Located in the prestigious W1H 7NS postcode, this garage benefits from an enviable location in the vibrant and upscale neighborhood of Marylebone. Immerse yourself in the charm and elegance of the area, with its boutique shops, renowned restaurants, and delightful cafes just a stone's throw away. Experience the sophisticated lifestyle that Marylebone has to offer.
Ample Space for Versatile Use:
Spanning an impressive 20.70 sqm, this garage provides ample space to accommodate your specific needs. Whether you envision a secure storage space for your classic car collection, a workshop for your hobbies, or a commercial storage facility, this garage offers the flexibility to fulfill your aspirations. Let your imagination run wild with the possibilities.
Proximity to Beautiful Parks:
Take advantage of the nearby green spaces for leisure and recreation. Enjoy the serene beauty of Regent's Park, just a short distance away. This expansive parkland offers tranquil gardens, picturesque lakes, and a serene ambiance that provides a welcome respite from the city bustle. Embrace nature's tranquility within easy reach of your spacious garage.
Access to Premier Shopping:
Indulge in world-class shopping experiences with convenient access to Oxford Street, London's renowned shopping destination. Explore a vast array of high-street and luxury retail stores, offering a diverse range of fashion, lifestyle, and indulgences. Discover the latest trends, find unique treasures, and satisfy your shopping desires, all just moments away from your new investment.
Excellent Transport Connections:
Benefit from excellent transport links near W1H 7NS, ensuring easy connectivity and convenience. Paddington Station, a major transportation hub, is within reach, providing access to national and international train services. Seamlessly commute to work or embark on exciting adventures, knowing that you're well-connected to the wider city and beyond.
Strong Investment Potential:
This spacious garage offers not only versatility but also strong investment potential. With its prime location in Marylebone, increasing demand for parking and storage spaces, and a 48-year lease, this property presents an exceptional investment opportunity. Capitalize on the desirability of Marylebone and position yourself for long-term gains and appreciation.
Contact Us Today:
Don't miss out on this exceptional investment opportunity in Marylebone's W1H 7NS postcode! Contact us today to arrange a viewing, discuss lease details, and learn more about the potential this spacious garage holds. With its generous 20.70 sqm and an enticing price of 125,000, this property offers the perfect combination of space, location, and investment potential.
Secure your future with this outstanding and spacious garage in W1H 7NS, Marylebone!
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
98 Coldharbour Lane, London, SE5 9PU
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