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1029 London Rd, CR7 6JF
£330,000 From
Bedrooms
Bathrooms
Reception
Spacious two-bedroom apartment on the second floor of a gated development. This purpose-built unit features a chain-free arrangement and offers comfortable living. Inside, you'll find two bedrooms, one with a recently fitted en-suite shower room, a modern bathroom, a generous 23'1 long kitchen/dining room, and a separate lounge. Additional perks include secure underground parking, gas central heating, balcony access from both the lounge and second bedroom, a video entry phone system, double glazing, as well as access to a caretaker and communal gymnasium. Tavistock Gate is conveniently situated on Tavistock Road, just 0.3 miles away from the rear entrance of East Croydon mainline station. This location provides swift access to London Bridge and Victoria Stations in approximately 15 minutes, as well as an express service to Gatwick Airport. Croydon Town Centre offers a variety of shopping, dining, and entertainment options, with existing Whitgift and Centrale shopping centers, as well as the popular 'Boxpark.' West Croydon station is 0.3 miles away East Croydon station is 0.4 miles away St. Mary's Catholic High School is 0.1 miles away Please call Charles Richardson to view Today! 0208 239 1007!
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.
1029 London Rd, CR7 6JF
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