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£425,000
Bedrooms
Bathrooms
Arlington Estates are pleased to offer this modern two bedroom, two bathroom apartment within this canal side development. The apartment comprises of an open plan kitchen and reception, spacious bedroom, large storage room and modern bathroom. The apartment features neutral decor.
The development is set in green and leafy surroundings overlooking Meath Gardens Park and adjacent to the Grand Union canal. Mile End Park and Victoria Park are also within easy reach, providing over 400 acres of open space and parkland nearby that creates an oasis of calm away from the city.
Leamore Court is within walking distance of three underground stations providing easy access to the City, and allowing access to the center of town on the central and district lines from Mile End, Bethnal Green and Stepney Green in around 15 minutes.
Local Area:
Sandwiched between the City and Canary Wharf, Bethnal Green is the epitome of Londons mix of cultures, history and lifestyles. An eclectic neighbourhood with colourful markets, eating places, galleries and parks, Bethnal Green offers a lively cosmopolitan atmosphere and excellent connections to the rest of London.
Leisure:
Finding somewhere to unwind and burn off those calories is easy as Leamore Court is within walking distance of the Fitness First gym facilities at the nearby Bow Wharf - with the Mile End Climbing Wall and a Go Karting centre part of Mile End Park. A short journey away at Canary Wharf is Europes largest indoor gym. Reebok Gym provides its very own swimming pool, sauna, sports hall and golf club and it even has its own Spa for pampering treatments after a long hard week at the office. Not to mention the acres of parkland available for a scenic early morning run...
From bric-a-brac to cutting edge fashion, the bustle and banter of the many local markets constitute the quintessential East End Sunday morning.
Leamore Court is located just off the Roman road - famous for its own market and now an ever increasing number of shops, restaurants and fashionable boutiques.
Victoria Park:
This huge and beautifully open space hosts many festivals, fetes, rallies and meetings. It has two lakes, ornamental gardens, tennis courts and a bowling green. It is famous for its open air concerts beside the Chinese summerhouse, the Pagoda. There are a number of play areas for children, a paddling pool, and enclosures with deer. The park was created in 1884 in response to demands by the local people for a recreational area. Mile End Park Mile End Park is both an excellent leisure facility and a fine sporting venue, with its international standard athletics stadium. The park, established after 1945 stretches from Limehouse to Victoria Park, along the Regents Canal. Mile End Park has recently undergone a multi-million pound refurbishment and now features many separate parks encompassing the arts, ecology, adventure, sports and performance.
Brick Lane Market offers an interesting mix of fruit and vegetables, clothes and household goods. There is a large Bangladeshi community in the area and the surrounding shops display beautiful Asian garments, ornaments, artwork and jewellery. Local restaurants offer superb Bengali and Indian cuisine.
Columbia Road Flower Market is in the heart of Bethnal Green. It is known for its huge selection of house and garden plants, and trees. On Sunday the street is a blaze of colour, with amateur horticulturists searching for their favourite blooms or enjoying English breakfasts, Spanish tapas and sea food at one of the many eateries. Columbia Road is in the East Ends famous plants and flower market. On Sundays from 7am to 2pm - this tiny street is transformed into a blaze of colour when plants fill the area. Many interior design and home shops in and around Columbia Road are open on Sundays.
Petticoat Lane Market occupies the streets and lanes around Middlesex Street, E1. It is renowned for clothing and leather goods and holds over 1,000 stalls on Sundays. You can pick up fashion clothes, books and artwork at unbeatable prices. There are many shops and cafes dotted around the market for a bite to eat or to relax with a cup of coffee.
'' 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: 230 Years.
Lease Started in 2007
Ground Rent - Paid in 6 Month Intervals: Approximately 250 Per Annum
Service Charges - Paid in 6 Month Intervals: Approximately 5800 - 6300 Per Annum
Local Authority: Tower Hamlets
Council Tax: Band D
Annual Price: Approximately 1755 Per Annum
Conservation Area: No
Flood Risk: Very Low
Broadband: Basic, Superfast and Ultrafast
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.
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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