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£695,000
Bedrooms
Bathrooms
This larger than average two bedroom apartment measures an impressive 853sqft, and offers a huge amount of living space. Forming part of a well maintained development, built in 2016 it is immaculate throughout. Upon entering there is a large hallway with plenty of storage, all principle rooms are accessed from here. The open plan reception room is a gorgeous room, double aspect and bathed in natural light. A wonderful place to relax and entertain in, measuring just over 20ft there is ample space for a lovely dining area, the modern high gloss kitchen sits neatly to one side creating a natural divide. The generous South facing terrace is the perfect place to enjoy the views across Nursery Row Park and eat al fresco. The master bedroom has a calm tranquil feel, and benefits from built in wardrobes and a luxurious ensuite shower room. Bedroom two is also a large double room and is served by a full bathroom, in keeping with the quality of the rest of the property. Further features include lift access, secure entry, double glazing, and bike storage.
Jardin House is situated on Stead Street, within the Elephant and Castle regeneration area, and is one of the most exciting locations South of the river. On your doorstep there are a varied selection of trendy coffee shops, restaurants and bars. As well as The Castle leisure centre, with two pools! Transport links are excellent with Elephant and Castle station being close by, providing access to National Rail, Northern and Bakerloo lines.
Lease 117 years, Service Charge 1,451.92 Pa, Ground Rent 450 Pa , Energy Efficiency Rating B
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.
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