2 bedroom apartment for sale

£905,000 Offers in excess of

2

Bedrooms

1

Bathrooms

Floorplan

Radius Apartments

Arlington Estates are pleased to offer this fantastic two-bedroom apartment located down peaceful gated mews in Kings Cross. Arranged on the second floor, the apartment features from an open-plan reception and kitchen with solid wood floors, stone worktops and stylishly integrated appliances and a juliette balcony, double bedroom with built-in storage and a contemporary bathroom. Located 1 minute to Kings Cross.


Transport Links:
Zone 1
Kings Cross Tube 2 minutes
Kings Cross Thames Link - 2 minutes
Kings Cross St Pancras - Nationwide Train Links
9 bus routes to the City, Angel and West End
St Pancras International Eurostar: High-Speed Train links to Europe (Paris, Amsterdam & Brussels)

Property Specification:

Kitchen:
Custom designed kitchens
Gloss lacquer doors with co-ordinating wood effect doors and brushed chrome handles
Worktops in reconstituted stone Stainless steel plinths
Undermounted stainless steel sink with single lever chrome mixer tap
Neff integrated stainless steel oven and hob
Integrated washer/dryer, dishwasher, and fridge freezer
Ceramic floor tiling

Bathroom:
Bathroom Charcoal floor tiling and skirting,
Metallic mosaic tiling to feature vanity wall
Villeroy and Boch wall mounted square ceramic basin with chrome towel rails
Hansgrohe Axor Starck single lever basin mixer tap
Recessed mirrored vanity cabinet with hidden downlighter to underside above the washbasin
Villeroy and Boch wall mounted WC with concealed cistern
Feature recess above WC with frosted glass shelves and mirrored back panel
White enameled steel bath with tiled bath panel
Ceramic matt white tiles to bath surround
Hansgrohe Axor Starck chrome bath shower mixer wall mounted Hansgrohe Starck exafill chrome
Heated towel rail
Hansgrohe Starck shower mixer set
Villeroy and Boch wall mounted ceramic white basin with Hansgrohe chrome mixer tap
Villeroy and Boch wall mounted WC with concealed cistern
Recessed wall hung mirrored vanity cabinet with internal shelving
Feature tiling underside of vanity cabinet
Ceramic matt white tilling to walls
Charcoal tiling to floors and skirting

General:
General Electric thermostatically controlled heating to radiator panel
Light oak laminate flooring to living rooms and hallways Internal flush doors with chrome handles
Painted skirtings and architraves with a shadow gap detail
Walls decorated neutrally throughout
Fitted wardrobes
Video entry phone system
Oak veneer entrance doors Lighting throughout communal areas
All corridors carpeted and decorated

Location Overview:
Centrally located for the West End with easy access to The City and Canary Wharf
Easy access to all Londons airports
Numerous bus to the City and West End Restaurants, shopping, and the amenities of Islington and Bloomsbury close by
Tesco supermarket just a 2-minute walk
St Pancras: The Arcade, Circle Shopping, and the market is at street level and The Rendezvous is on the upper concourse boast an array of top quality retail and food outlets, here is a list of a few: Costa Coffee, Hamleys, Foyles, Pret A Manger, Monsoon, Boots, Vodafone, WH Smith, Marks & Spencers, Starbucks, Yo! Sushi!, Caffe Nero, Paul, Paperchase, and Body Shop to name but a few.

'' Misrepresentation Act 1967 '' These particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract.

Leasehold

Years remaining on lease: 105 Years
Year Started: 27th November 2006

Ground Rent: Paid in 6 months intervals. Approximately 300.00 Per Annum

Service Charges: Paid in 6 Months Intervals: 3600.00 Approximately

Local Authority: London Borough of Islington
Council Tax: Band E
Annual Price: Approximately 2459 Per Annum

Conservation Area: Kings Cross

Flood Risk: Very Low

Broadband: Basic and Superfast

Satellite/ Fibre TV Availability: BT & Sky

Mobile Coverage: EE, Vodafone, Three, O2


Arlington Estates is a member of the schemes below:

CMP - Client Money Protect
Membership No: CMP008014

Property Redress Scheme
Membership No: PRS024572

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 749325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 22625
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 70575
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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