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1 The Green, E4 7ES
£475,000 Guide Price
Bedrooms
Bathrooms
Located in Barnet, this two-bedroom, two-bathroom apartment offers a comfortable and modern living space. Situated on the first floor of Chambers Court, the property is designed for convenience and style. The master bedroom includes an en-suite bathroom, providing privacy and functionality. A second bathroom serves the additional bedroom and guests.
The heart of the apartment is the open-plan kitchen and reception area. The kitchen is equipped with contemporary appliances and ample storage, seamlessly blending into the living space, which is perfect for both relaxing and entertaining. Large windows allow natural light to flood the area, enhancing the sense of space.
Step outside to the private rear balcony, an ideal spot for enjoying fresh air and views of the surrounding area. The property also includes gated parking, ensuring security and ease of access.
Chambers Court is conveniently located moments from New Barnet Mainline Station (11 minutes to Finsbury Park), making commuting straightforward. The area offers a range of amenities, including shops, restaurants, and parks, catering to various lifestyle needs. The property is offered chain-free, simplifying the purchasing process.
Offered to the market chain-free, this is an excellent opportunity for both first-time buyers and investors alike.
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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