Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£575,000
Bedrooms
Bathrooms
Beautifully Presented Two-Bedroom Apartment - Clerkenwell, EC1
Set within the sought-after Riceyman House, this charming second-floor apartment offers stylish and comfortable living in the heart of Clerkenwell. The property features a well-proportioned principal bedroom, a versatile second bedroom, a bright living room leading to a modern fitted kitchen, and a generous bathroom.
A rare highlight is the propertys access to a private outdoor area (unofficial), perfect for morning coffee, evening drinks, or simply enjoying some fresh air - a true luxury in central London.
Located on the picturesque Lloyd Baker Street, this peaceful, tree-lined setting offers a unique sense of calm while being moments from Exmouth Markets vibrant bars and restaurants. Evening walks along handsome Amwell Street are a particular pleasure, and the property is within easy reach of Upper Street, Kings Cross, Farringdon, Angel, and the City - making it ideal for professionals and investors alike.
The property is offered chain free.
Vendors Comments
'Our family has reluctantly outgrown this wonderful flat after 10 happy years. We love the light, the big bathroom, the beautiful sunsets over St Pancras station, and the tree-lined, virtually traffic-free Lloyd Baker Street. This is a place where central London is on your doorstep, but with a peaceful neighbourhood feel. Highlights for us have been the eateries of Exmouth Market, Corams Fields (historic park for kids), and being walking distance of so much, including the British Museum and Tate Modern. We will sorely miss this flat and the area - highly recommended.'
Lease: Approximately 89 years remaining
Service Charge: Circa 1,567 per annum
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
