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£545,000
Bedrooms
Bathrooms
A Two Double bedroom apartment from award winning developers Barrett Homes, located on the 12th Floor of this Town Centre developmentThe apartment features a spacious and open plan Living / Dining / Kitchen with floor to ceiling windows giving an airy and light open aspect. Both bedrooms are practical double size rooms and the flat is finish in an attractive and contemporary style This apartment offers high quality spacious accommodation and views from every window with a wide, practical and very usable balcony which looks directly out onto Harrow on the Hill and is located in the heart of the Town Centre with shops, bars and restaurants literally on your doorstep
The property is sold with remainder of a 999 year lease
Entrance Hall Living / Dining Room
A great living space with laminate flooring and access to the Balcony, ample power sockets and AV socketsBalcony
Wide balcony looking to Harrow on the HillOpen Plan Kitchen
With an excellent range of wall mounted and base units providing cupboards and drawers for storage, fitted double oven and ceramic hob, integrated fridge freezer, 1.5 bowl stainless steel sink with mixer tapsDouble Bedroom 1 Double Bedroom 2 Utility Cupboard
With plumbing for washing machine Family bathroom
Featuring a Bath, separate shower cubicle, basin and wc. Heated Towel Rail. Communal Roof Terrace
Residents at Hartley apartment have access to a good size Roof Terrace which benefits from far reaching views LEASE
With approx. 992 years remaining
999 years lease from 1st September 2016 GROUND RENT
525 per annum
Increases every 10 years by index linked increment SERVICE CHARGE
For the service charge year from 1st August 2022 3256.00 Previous Years
Year from 1st August 2021 2908.13
Year from 1st August 2020 2797.23
Year from 1st August 2019 2783.17
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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