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£475,000 Offers in excess of
Bedrooms
Bathrooms
Welcome to this beautifully presented two bedroom, two shower room apartment set within the sought after Albemarle Road, Beckenham. Offering contemporary living with premium finishes, its perfect for those seeking both style and convenience.
Communal Entrance - Double glazed door with double glazed window to side, entry phone system.
Stairs leading to:
Top/3rd Floor -
Personal Entrance - Personal door leading into:
Entrance Hall - Entry phone receiver unit, coved ceiling, storage cupboards, radiator, fitted carpet.
Open Plan Kitchen/Reception/Dining Room - 5.79m x 5.66m (190 x 187) -
Lounge/Dining Area - Double glazed patio doors leading out to balcony, coved ceiling, radiator, wood laminate flooring.
Balcony - 2.92m x 1.32m (97 x 44) - North facing to front with wrought iron balustrade and railings.
Kitchen Area - Double glazed windows to front and side, range of wall, drawer and base units with worksurfaces over, sink and drainer with mixer tap, oven and hob with concealed hood over, integrated appliances: dishwasher, washing machine, fridge/freezer, two wine coolers, breakfast bar, Valiant boiler (not tested by Charles Eden), laminate wood flooring.
Bedroom One - 4.60m x 2.82m (151 x 93) - Double glazed window to rear, coved ceiling, fitted wardrobe (no doors), radiator, fitted carpet.
En-Suite Shower Room/Wc - Walk-in fully tiled shower, wall mounted wash hand basin, low level WC, chrome ladder style heated towel rail, fully tiled walls, laminate tile flooring.
Bedroom Two - 4.11m x 2.79m (136 x 92) - Double glazed window to front, coved ceiling, fitted wardrobe (no doors), radiator, fitted carpet.
Master Shower Room/Wc - Fully tiled shower cubicle, wash hand basin inset in vanity unit, low level WC, chrome ladder style heated towel rail, laminate tile flooring.
Outside -
Communal Gardens - Mainly laid to lawn with shrubs and trees.
Garage - With up and over door, located to the rear of the development.
Parking - Shared parking to rear of the development.
Lease - 25/12/1996 - 14/12/2185
(161 years remain)
Ground Rent - 250.00 p.a.
Service Charge - 1,700.00 p.a. including building insurance
Epc Rating C -
Council Tax E -
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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