Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,250,000
Bedrooms
Bathrooms
A spacious and immaculately presented lateral apartment located within a tranquil gated mews development, moments from Clapham Common and the Northcote Road.
Entering the Mews via the secure gates, a cobbled driveway leads to the courtyard and entrance of the former Bakery. The modern features including the stairway, glasswork and interior design compliment the industrial heritage of the building.
From the entrance hall of the apartment crittall doors lead into the private study area to the right and ahead into the reception space.
The spacious kitchen and dining area is ideal for entertaining guests, complimented by hanging lanterns and mood lighting within the vaulted ceilings.
Continuing into the apartment the open-plan living space has large West facing windows giving plenty of natural light.
The two bedrooms each have extensive built in wardrobes and ensuite bathrooms.
There is a further guest cloakroom and separate utility room.
The gross internal area measures approximately 1240 sq ft. with underfloor heating throughout and air conditioning.
For sale with no onward chain.
Location
Bakery Place is located in a gated development on Altenburg gardens, which runs between Lavender Hill and Battersea Rise. The property is moments away from the excellent transport links of Clapham Junction, as well as the green space of Clapham Common and popular Northcote Road and its many restaurants, boutique shops and cafes.
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
