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35 Ivor Place, Marylebone, London, NW1 6EA
£1,745,000
Bedrooms
Bathrooms
Reception
Sole Agents Alexander Property Consultants are delighted to present a 3 bedroom 1500 sq/ft apartment on the 1st and part 2nd floor of this imposing period house on Crediton Hill the most sought after address in West Hampstead. Available for the first time in 40 years this historical property is the jewel in its crown.
Features include, 1st floor entrance, elegant reception room, regal proportions, high ceilings, magnificent Carrara marble fireplace, direct access to 2 wonderfully sunny balconies, fantastic storage space, separate Gaggenau kitchen, guest cloak room with WC and wash basin,private garage. Unparalleled privacy and tranquility as entire property overlooks sumptuous, mature communal gardens, uninterrupted views of Hampstead Cricket Club.
Excellent diverse amenities and unrivalled transport: Thameslink, Jubilee Line, overground trains, buses all moments away. The property would benefit from some updating . 983 year lease unexpired
New Home: Non New Home
Maximum Area (in sq ft) 1502 sq ft
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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