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£3,500,000
Bedrooms
Bathrooms
A stunning first floor property situated within a handsome redbrick period building consisting of just nine superb bespoke apartments close to St Jamess Park. Created behind a period facade the property comprises three spacious bedrooms each with en-suite bathroom, a large reception room with dining area seamlessly connecting with fully fitted bespoke kitchen. Luxury en suite bathrooms, high specification Italian designed kitchens, comfort cooling, under floor heating, fumed oak flooring and fully controlled LED light systems help define this property for high quality luxury living, ideal for a home or pied a terre, convenient for all of Central London. Offered with no onward chain and benefiting from lift access and daytime porter/caretaker.
Buckingham Gate is conveniently located for the heart of Prime Central London, and an area becoming recognised as 'The Royal Quarter'. Renowned for so many of Londons most iconic landmarks; Buckingham Palace and the Royal Parks at St Jamess and Green Park are on your door step, and only a short distance away are Whitehall, The Houses of Parliament, Westminster Abbey and Cathedral. This is a location which is also convenient for accessing Londons famed shopping districts with Selfridges on Oxford Street, Harrods in Knightsbridge and Fortnum & Mason at Piccadilly all within a 1.5mile radius.
Selling your property in Buckingham Gate? Trying to find your perfect home to buy? Register with Chestertons Westminster to get the full picture from the experts in the Victoria, London market.
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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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