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£700,000
Bedrooms
Bathrooms
Welcome to this bright and spacious three-bedroom flat, perfect for those seeking comfort and modern living. The property features a fully fitted open-plan kitchen and living room, creating an inviting space for both relaxation and entertaining. The contemporary design is complemented by wooden flooring throughout, giving the flat a warm and stylish feel. This home includes three generously sized double bedrooms, providing ample space for family or guests. The modern bathroom is designed for convenience and functionality, ensuring a refreshing experience for daily routines.
Ideally located on a quiet residential street, the flat is just minutes away from the expansive open spaces of Clissold Park, where you can enjoy leisurely strolls, picnics, and recreational activities. Local amenities are within easy reach, offering a variety of shops, cafes, and restaurants to cater to your daily needs. Transport links are excellent, with Finsbury Park Station nearby, providing access to both the Piccadilly and Victoria lines, as well as surrounding bus services for easy commutes across the city. This property combines a tranquil living environment with modern conveniences, making it an ideal choice for anyone looking to enjoy the best of urban living.
Full Description -
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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