1 bedroom flat for sale

£320,000 Offers over

1

Bedrooms

1

Bathrooms

Located in the dynamic and regenerating area of Wembley Park, this modern one-bedroom apartment offers a perfect blend of contemporary style and convenience. The spacious, light-filled rooms feature wooden flooring throughout, and the fully-equipped kitchen ensures a sleek living experience. With ample living space, this apartment is ideal for singles, couples, or small families seeking a comfortable home in a well-connected area.

The property benefits from excellent local amenities, including the London Designer Outlet, 24/7 ASDA, and the iconic Wembley Stadium. Additionally, the area offers a wide variety of cafes, restaurants, and green spaces, all within walking distance, providing residents with a vibrant and active lifestyle.

When it comes to transport, this apartment is in an incredibly well-connected location. Wembley Park Station, 0.4 miles away (approximately a 5-minute walk), offers fast access to the Metropolitan and Jubilee Lines, providing quick connections to central London. Wembley Stadium Station, 0.3 miles away (roughly a 5-minute walk), offers National Rail services, making it easy to travel to surrounding regions. Wembley Central Station, located 0.7 miles away, provides additional links to the Bakerloo Line and National Rail services.

In terms of travel times, youre just a 13-minute train ride from Baker Street, 21 minutes to Kings Cross, and 29 minutes to Liverpool Street. The apartment is also well-served by numerous bus routes, with major motorways and Heathrow Airport nearby, ensuring seamless connectivity to the rest of London and beyond.

Families will appreciate the proximity to several reputable schools. St Christophers Prep School, Michaela Community School (0.4 miles).

Whether youre commuting into the city or enjoying the vibrant local amenities, this apartment offers a peaceful residential retreat with exceptional transport links, making it an ideal choice for those seeking both comfort and convenience.

Please note, this is a Shared Ownership home which is being sold and staircassed up to 100% during the sale of the property. As such, there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.



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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 266700

Mortgage Loan to Value

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Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 8000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 26700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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