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£425,000 Guide Price
Bedrooms
Bathrooms
Offered to the market in a fantastic condition throughout, this two bedroom apartment is the perfect purchase for both first time buyers, buy to let investors and downsizers. This stylish home is nestled away in the heart of South Ruislip, within walking distance of local shops, schools and handy tube links into London. A viewing of this wonderful abode is recommended as soon as possible.
Situation - The apartment is located on Arla Place in South Ruislip. The location is ideal for those seeking connections into London with South Ruislip Station only 0.1 miles away and quite literally a stones throw. South Ruislip Station is serviced by both the Central Line and Chiltern Railways. The Chiltern Railways line offers service to London Marylebone in under 17 minutes with trains running often. There are five London Underground stations in the area. Ruislip, Ruislip Manor and Eastcote Underground Stations are serviced by both the Metropolitan Line and the Piccadilly Line, (linking into Baker Street and Kings Cross station). Further from this property there is access to the A40 in under 1 mile which gives great access to London and the Home Counties. South Ruislip is a fantastic area in respect of amenities, the site is within walking distance of the new Old Dairy complex which has a supermarket, cinema and several restaurants.
Description - Situated in the sought-after Arla Place development, this beautifully presented first-floor apartment offers 763 sq. ft. (70.9 sq. m.) of well-planned living space, perfect for first-time buyers, downsizers, or investors. Upon entering, you are welcomed by a spacious hallway leading to two well-proportioned double bedrooms. The primary bedroom benefits from a generous layout, while the second bedroom is ideal as a guest room, home office, or nursery. The modern kitchen is well-appointed with ample storage, integrated appliances, and a sleek design, opening onto a private balcony, perfect for enjoying your morning coffee. Adjacent, the bright and airy reception room offers an excellent space for entertaining or relaxing, with large windows allowing plenty of natural light. The apartment also features a stylish family bathroom and a separate en-suite in the master bedroom for added convenience. Additional storage space is available throughout the property.
Outside - The property is surrounded by beautifully landscaped and well maintained communal grounds which offer green lawns surrounded by shrubs, pathways and benches for relaxing. The property also benefits from allocated parking and private balcony space.
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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