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£600,000
Bedrooms
Bathrooms
Stylish Two-Bedroom Apartment with Balcony - Lloyds Row, Clerkenwell, EC1. 600,000
Set on the sixth floor of a smart modern building in the heart of Clerkenwell, this well-designed two-bedroom apartment offers approximately 634 sq ft (58.9 sq m) of bright, contemporary living space, complete with a private balcony accessed via the reception room.
The flat features a spacious open-plan kitchen and reception room, perfect for entertaining, with direct access to a west-facing balcony that provides a lovely outdoor spot to enjoy the evening sun. The kitchen is fully fitted with modern appliances and generous storage.
Both bedrooms are well-proportioned doubles, with the principal bedroom measuring nearly 13 ft wide. A sleek three-piece bathroom and a welcoming hallway with additional storage complete the layout.
Key Features:
Two double bedrooms
Bright open-plan reception/kitchen
Private balcony accessed from the living room
Sixth-floor apartment with lift access
Approx. 634 sq ft (58.9 sq m)
EWS1 Compliant
Clerkenwell location moments from Exmouth Market
Easy access to Farringdon, Angel, and Kings Cross
Offered chain-free
Perfectly positioned between Angel, Clerkenwell Green and Farringdon, Lloyds Row is surrounded by some of Central Londons most exciting food, culture, and transport connections. Ideal for city professionals or as a strong investment opportunity.
Service charge is approximately 3,188 per year (259.89 per month)
Ground Rent is: 0 (no ground rent)
Length of lease: 125 years from 29 September 2010 (approximately 110 years left).
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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