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3rd Floor, 2 Bristol Avenue, N20 0EJ
£475,000
Bedrooms
Bathrooms
Reception
A 756 sq ft. spectacular modern 2-bedroom 2-bathroom apartment in the prestigious Colindale Gardens offered chain free. This bright and spacious, highly desirable South facing property benefits from lots of natural light, located on the 5th floor with stunning views overlooking scenic parkland. Ideally situated in one of the best positions of the premium development. With wooden floors throughout, underfloor heating, a large reception with direct access to the terrace, an open plan fully fitted modern kitchen making the full room ideal for entertaining, two double bedrooms, the principal has direct access to the terrace too which is the full length of the apartment and modern contemporary bathrooms with floor to ceiling tiles. The apartment also benefits from allocated, secure underground parking which is directly accessible from the property. Residents also get to enjoy the resident only gym, 24hr concierge, function room, steam room, sauna and nine acres of green space.
Colindale Gardens is a vibrant community in Northwest London, conveniently located within easy reach of local shops and amenities, Middlesex University and the vast green spaces of Montrose Park and Sunny Hill Park.
Transport links includeColindale Underground (Northern Line) Station which is newly refurbished and offers disabled access, Kingsbury Underground (Jubilee Line) Station and numerous bus routes which in all give residents multiple options for fast access into Central London and the West End within around 30 minutes.
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.
3rd Floor, 2 Bristol Avenue, N20 0EJ
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