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£8,950,000
Bedrooms
Bathrooms
Orchard Court, a stunningly designed lateral apartment with classic proportions, situated in a desirable corner position on the third floor of one of Marylebones most prestigious mansion blocks. This beautiful apartment has been designed with meticulous attention using the finest materials throughout. With nearly 3,000 sq ft of living space in central London, the layout has been carefully designed to offer ample family living and entertaining areas, along with more secluded, private spaces.
The apartment boasts a double aspect, open plan living and entertaining space with dining area and fully fitted kitchen, separate study and a stylish and classic library/family room. The apartments bedrooms continue the feeling of luxury with a stunning principle bedroom with en suite bathroom and walk in wardrobe, 2 further bedroom suites and a 4th bedroom.
Orchard Court is an exclusive purpose built mansion block with a team of porters who operate 24 hours a day to ensure an extremely well run and secure building, creating a very private and luxurious atmosphere.
The building also benefits from lift access, impressive communal areas with two elegant entrance halls. Located moments from the world famous Selfridges department store and perfectly placed for the boutique shops and restaurants of both Marylebone and Mayfair as well as the green open spaces of nearby Hyde Park.
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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