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£650,000
Bedrooms
Bathrooms
Nestled in the vibrant area of Headlam Street, London, this impressive flat offers an exceptional living experience with its generous six bedrooms and a spacious reception room, perfect for both relaxation and entertaining. The property boasts two well-appointed bathrooms, along with two additional separate toilets, ensuring ample facilities for a large household or for hosting guests.
Convenience is at your doorstep, with Sainsburys just a two-minute stroll away, making grocery shopping a breeze. For those who rely on public transport, Whitechapel Station is a mere five minutes on foot, while Bethnal Green Station is only eight minutes away, providing excellent connections to the rest of London. The renowned Royal London Hospital is also within an eight-minute walk, adding to the appeal for medical professionals or those seeking proximity to healthcare services. Additionally, the vibrant atmosphere of Brick Lane, famous for its diverse culinary offerings and cultural experiences, is just a 15-minute walk from your new home.
The property benefits from a long lease, providing peace of mind for potential buyers or renters. With 24-hour bus services available nearby, commuting and exploring the city is both easy and convenient. This flat is an ideal choice for families or professionals looking for a spacious and well-located home in one of Londons most dynamic neighbourhoods. Dont miss the opportunity to make this remarkable property your own.
Hot water included in the service charge.
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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