Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£625,000
Bedrooms
Bathrooms
A delightfully bright one bedroom flat with high ceilings (over 9) and tall sash windows, converted from the first floor of an elegant four storey end of terrace house, ideally located in the heart of Primrose Hill conservation area and within moments of its multiple artisan shops, cafes and restaurants. The wide open spaces of Primrose Hill are one minutes walk away, with Regents Park just beyond. The flat has stripped wooden floors, cornicing and benefits from a utility room and sole use of a pretty south-east facing terrace with roof-top views. Gas centrally heated. Original features, Long lease and chain free.
Living room 1311' x 114' Tall sash windows, high ceilings. Built-in cupboards
Kitchen 711' x 6 Fully fitted and semi open plan to dining area
Dining area 6 x 55' Tall sash window
Bedroom 139' x 115' Tall sash window
Utility room 6 x 49' Leading to
Terrace 8 x 59' South-east facing
Tenure: Leasehold 160 years aprox.
Ground rent: 50 p.a.
Service charge: 2,800 p.a. aprox
Council tax: Band D (Camden Borough)
EPC Band C (72/77)
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
