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713 Cranbrook Rd, Ilford, IG2 6RJ
£675,000
Bedrooms
Bathrooms
Reception
Located in the vibrant area of London, this three-bedroom Brand New Apartment at Meridian Point offers a contemporary living space designed for comfort and convenience. The property features a modern kitchen equipped with integrated appliances, including a gas hob and oven, ensuring a seamless cooking experience. The open-plan reception area provides ample space for dining and relaxation, enhanced by large windows that flood the room with natural light.
The flat includes three well-proportioned bedrooms, each offering a peaceful retreat with ample storage options. The bathroom is elegantly designed with a bathtub and shower, complemented by modern fixtures and fittings. The property also benefits from a private balcony, offering an outdoor space to enjoy the bustling city views.
Meridian Point is situated in a well-connected area, providing easy access to public transport links, making commuting straightforward. The local area offers a variety of amenities, including shops, restaurants, and cultural attractions, ensuring residents have everything they need within reach.
Overall, this flat presents an excellent opportunity for those seeking a modern and flexible living space in one of Londons most dynamic areas.
Council tax band : D . EPC Rating B.
Vacant possession. Contact us to arrange a viewing.
Agents Note (Lease Etc) - The above details have been provided in good faith and will need to be verified by the respective solicitors.
Cranbrook Lettings Ltd is the sellers agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Please note that a sale cannot be formally agreed, and a memorandum of sale cannot be issued, until all parties have provided valid identification and the verification process has been successfully completed.
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.
713 Cranbrook Rd, Ilford, IG2 6RJ
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