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£665,000 Guide Price
Bedrooms
Tucked away inside sought after little pocket of SW6, you will find Brompton Park Crescent, a unique and enviable, secure gated development, wrapping around Brompton Park itself. This excellent two-bedroom, two-bathroom property is nestled away perfectly on the corner of the ground floor of one of the eight blocks inside the development, and benefits from a much larger than average, south-facing, private patio which you can access from the master bedroom and living room. The apartment has a double aspect reception room, good sized kitchen and two large hallway storage closest, as well as fitted wardrobes in both of the double bedrooms. The apartment comes with one private parking space, seconds from your front door, and any buyer will be pleased to hear, not only about the leasehold tenurethat comes in at over 960 years, but also that the exterior of the building has just undergone extensive redecoration works, so will be sold looking immaculate!Brompton Park Crescent has an on-site leisure centre with a good sized swimming pool, sauna, steam room, gym and changing facilities. Brompton Park can be accessed at any time via a private gate for residents, there is ample bike storage available and there is a friendly team of on-site porters, gardeners and maintenance people keeping everythgin ship-shape. It is only short walk to Fulham Broadway (District Line), West Brompton Station (District Line and Overground services) and Earls Court Station (District Line, Circle Line and Piccadilly Line), meanwhile, for the driver, the A4 is just a short hop. This part of SW6 is a firm favourite with young professionals and creatives who love Fulham-s trendy coffee shops, interesting shops and exciting gastro pubs - be sure to pay a visit to the Harwood Arms which is a moments walk is London-s only Michelin starred gastro pub!
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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.
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