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£837,500
Bedrooms
Bathrooms
A bright and exceptionally spacious (1153 Sq ft) three double bedroom maisonette, converted from the upper two floors of a large Victorian terraced house in the heart of the Camden Square conservation area. 18 reception room with high ceilings, sash windows and fireplace. It is conveniently located with excellent transport links, Caledonian Road (Piccadilly Line) Camden Road (Overground) and multiple bus routes. Also within walking distance of the many restaurants and entertainment facilities of Kings Cross, Granary Square and the newly developed Coal Drops Yard, in addition to mainline (and Eurostar) Kings Cross and St Pancras stations. As well as Camden Town and Islingtons multiple shopping and transport facilities. Moments of Brecknock Road and York Way with their fine selection artisan shops and wine bars. Two local parks, the wide open spaces of Caledonian Park, with its Victorian clock tower and seconds from the tranquil Camden Square Gardens . Gas centrally heated. In addition, the property is within the catchment area of Camden School for Girls. Gas centrally heated. Excellent storage. Large hallways with internal staircase. Share of Freehold.
Living room 18 x 11 Two sash windows. Fireplace.
Kitchen 88' x 71' Fully fitted. Sash window.
Bedroom 176' x 1011'. Large casement window.
Bedroom 195' x 103' Dorma window plus velux window
Bedroom 133' x 11 Plus 62' x 36' walk-in wardrobe. Dorma window
Bathroom 1110' x 77' White suite plus shower. Sash window
Tenure: Share of Freehold plus 988 year lease
Service charge: 1,500 p.a. Includes buildings insurance
Council tax: Band E (Camden Borough)
EPC Band D
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.
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