Robertson Apartments, 4 Donovan Way, Harrow, HA1

1 /11
Available / For Sale

Benham & Reeves

7 Heritage Avenue , Beaufort Park, , Colindale, London

1 bedroom apartment for sale

£389,000

1

Bedrooms

1

Bathrooms

Floorplan

REF#: BEA250099
Estimated to complete in Q4 2025 is this one bedroom apartment on the third floor of Roberston Apartments. Spanning an impressive 609 square feet of luxury living space, this apartment will be include a custom designed kitchen benefiting from fully integrated appliances, soft-close doors and drawers, matching worktop and upstands. A stylish bathroom suite made up of Porcelain floor tiles and Ceramic wall tiles, including a white hand wash basin, back to wall WC pan with soft close WC seat and white acrylic bath. Further benefits include a east facing balcony overlooking the podium gardens, video door entry, pendant lighting in hallway, living area and bedroom, engineered laminate flooring to hallway, kitchen and living/dining areas.

Not only does every Barratt London home come with a ten-year structural guarantee from the NHBC, it also comes with a two-year fixtures and fittings warranty'', giving you added peace of mind from the moment you move in.

Home to the Kodak factory for 125 years, Eastman Village is set to revitalise this landmark site and create a community of more than phase of the development will provide 460 one, two and three-bedroom apartments and three and four bedroom houses. An idyllic location for young professionals and families alike, this is your chance to own both a piece of local history and a part of Harrows future. Youll also be conveniently located a short walk from the amenities of Wealdstone High Street, which include Harrow & Wealdstone train station, shops, restaurants, cafs and banks.

Mortgage Calculator

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

Monthly Payment: £1,682.30

Total Interest: £216,626.60

Overall Total: £605,626.60

Amortization For Monthly Payment: £1,682.30 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£12,333.47 £7,854.08 £381,145.92 
2026£12,078.42 £8,109.13 £373,036.79 
2027£11,815.09 £8,372.46 £364,664.32 
2028£11,543.21 £8,644.35 £356,019.98 
2029£11,262.49 £8,925.06 £347,094.92 
2030£10,972.67 £9,214.89 £337,880.03 
2031£10,673.43 £9,514.13 £328,365.90 
2032£10,364.47 £9,823.09 £318,542.82 
2033£10,045.48 £10,142.08 £308,400.74 
2034£9,716.13 £10,471.42 £297,929.32 
2035£9,376.08 £10,811.47 £287,117.85 
2036£9,024.100 £11,162.55 £275,955.29 
2037£8,662.51 £11,525.04 £264,430.25 
2038£8,288.25 £11,899.30 £252,530.95 
2039£7,901.84 £12,285.71 £240,245.23 
2040£7,502.88 £12,684.67 £227,560.56 
2041£7,090.96 £13,096.59 £214,463.97 
2042£6,665.67 £13,521.88 £200,942.09 
2043£6,226.57 £13,960.99 £186,981.10 
2044£5,773.20 £14,414.35 £172,566.75 
2045£5,305.12 £14,882.43 £157,684.32 
2046£4,821.83 £15,365.72 £142,318.60 
2047£4,322.86 £15,864.70 £126,453.90 
2048£3,807.67 £16,379.88 £110,074.02 
2049£3,275.76 £16,911.79 £93,162.23 
2050£2,726.57 £17,460.98 £75,701.25 
2051£2,159.56 £18,027.100 £57,673.25 
2052£1,574.12 £18,613.43 £39,059.82 
2053£969.68 £19,217.87 £19,841.95 
2054£345.61 £19,841.95 £0.00 

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

£ 311,125

Mortgage Loan to Value

80%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 21,110

Cumulative Rental Profit

£ 211,096

Cost of Purchase

£ 19,375
  • Stamp Duty
    £ 6,950

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

  • Refurbishment Budget
    £ 9,725
  • 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

£ 25,570
  • Mortgage Interest
    £ 14,001

    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)
    £ 6,162
  • Letting Fee
    £ 240
  • Maintenance
    £ 4,668
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 436,361
  • Final Equity Profit
    £ 225,265

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

  • Cumulative Rental Profit
    £ 211,096

    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

£ 633,640

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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