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1 The Green, E4 7ES
£390,000 Guide Price
Bathrooms
Situated in the vibrant area of London, this studio apartment at Rossmore Court, London NW1, provides a compact yet functional living space. The property includes one bathroom and separate kitchen area with the added benefit of a concierge. The property features a bright and airy main room that serves as both living and sleeping area, with large windows allowing plenty of natural light to flood the space. The kitchen is efficiently designed, equipped with essential appliances, and provides a functional area for meal preparation. The bathroom is modern and includes a shower, toilet and basin.
Rossmore Court is a well-maintained building with a welcoming entrance and a secure lobby area. Residents can enjoy the convenience of nearby public transport, making it easy to navigate the city. The surrounding area offers a variety of shops, cafes, and restaurants, providing plenty of options for dining and leisure activities.
The location is ideal for those who appreciate the hustle and bustle of city life, with easy access to cultural landmarks and entertainment venues. The property is also within reach of green spaces, offering a balance of urban living with opportunities for relaxation.
Rossmore Court is located in a vibrant area of London, offering residents access to a wide range of amenities. The property's location in London ensures that essential services and facilities are within easy reach, contributing to a convenient lifestyle.
The studio's location places it within reach of numerous educational institutions, healthcare facilities, and business centres, making it a suitable choice for professionals, students, and those seeking a central base in the city.
Overall, this studio apartment presents a great opportunity for individuals or investors looking for a property in a prime London location.
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.
1 The Green, E4 7ES
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