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£450,000
Bedrooms
Bathrooms
Discover the epitome of elegance and convenience with this stunning property nestled in the prestigious W2 postcode of London. City Realtor are proud to present this pinnacle of sophistication in the heart of London. Perfectly situated in the heart of the city, this residence offers a unique blend of modern luxury and classic charm.
It is ideal for professionals as the property is considered an oasis of refinement within the dynamic tapestry of London. Every residence is gracefully immersed in natural light, courtesy of expansive windows, featuring expansive layouts and the artful integration of elegant materials. It is well connected with many transportation links including access to the Elizabeth, Central, Bakerloo, Circle, and District Line all within walking distance. This allows for easy travel to the City as well as to airports such as Heathrow Airport.
This flat also presents an excellent rental yield, positioning it as a savvy investment for those entering the property market or diversifying their portfolio.
In essence, seize the chance to secure a chic and contemporary one-bedroom apartment in a premium locale, offering effortless access to the plethora of amenities in its vicinities and West London. Dont let this incredible opportunity pass you by schedule your viewing today and step into the realm of modern elegance!
Location:
Bayswater Station - 5 mins walk
Queensway Station - 8 mins walk
Paddington Station - 14 mins walk
Hyde Park - 12 mins walk
Tesco - 5 mins walk
Sainsbury - 5 mins walk
Tenure - Leasehold
Lease years remaining - 135 years
Council Tax Band - 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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