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£775,000
Bedrooms
Bathrooms
Arlington Estates are pleased to offer this spacious two bedroom - two bathroom 4th floor flat in a purpose-built block and within walking distance of The City. Comprising: kitchen with all appliances, reception/dining room, two bathrooms one en-suite. Both bedrooms benefit from having built-in storage with further storage in the hallway and wood flooring throughout.
Property Features:
Two Double Bedrooms
Two Bathrooms
Wooden Floors
Neutral Decor
Central Location
Near Shops, Bars, Restaurants, Health Clubs and transport
Transport Links:
Zone 1 St Pauls Tube (Central Line): Approx 2 minutes walk
Barbican Tube: Approx 5 minutes walk
Farringdon station: Approx 10 minute walk
Good bus routes to other parts of the City and going East North, South and West London
For further sales information please contact or call us immediately to arrange a viewing.
'' 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: 116 Years.
Lease Started in 1996
Ground Rent - Paid in 6 Month Intervals: Approximately 1087 Per Annum (Ask Agent about Review)
Service Charges - Paid in 6 Month Intervals: Approximately 4900 - 5900 Per Annum
Local Authority: City of London
Council Tax: Band G
Annual Price: Approximately 2123 Per Annum
Conservation Area: Postmans Park
Flood Risk: Very Low
Broadband: Basic and Ultrafast
Satellite/ Fibre TV Availability: BT & Sky
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.
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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