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£1,350,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE - 1.35m - 1.4m
This chain-free period conversion is arranged over the top three floors and includes a spacious reception room leading to a fitted kitchen with modern appliances and good storage. A private roof terrace offers open views and outdoor space.
The property is in good condition with a practical layout, combining period character with modern updates.
Barnsbury Terrace is a well-regarded street in Islington, within walking distance of Highbury & Islington, Angel Underground and Kings Cross St. Pancras.
Nearby green spaces include Regents Canal, Islington Green, Barnard Park, and Highbury Fields.
The Owners Love
'The house is a fantastic entertaining and dinner party space with superbly equipped kitchen and open connection to dining area and lounge'
'Barnsbury area is a hidden gem in the heart of Islington with its peaceful tree lined squares just a short stroll to Upper Streets vibrant restaurant scene and boutique shops'
'We will miss our top floor sun drenched terrace especially on a summers evening with a glass of wine watching the sun go down with unrivalled views from the London Eye to Primrose hill and Hampstead Heath'
Weve Noticed
The property has a house-like feel with a clear separation of living spaces, better light, and no neighbours living above.
Barnsbury Square Garden is right on your doorstep.
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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