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£650,000
Bedrooms
Bathrooms
Your beautifully maintained two bedroom apartment resides on the 4th floor of Willowbrook House; a stunning development in the heart of inner North London. The open-plan property boasts plentiful natural light and private balcony with views of the City to the South and Finsbury Park to the North, as well as access to 24hr concierge, gym, swimming pool and attractive landscaped private gardens.
Once inside you are greeted by contemporary decor throughout. The light-filled hallway hosts light laminate flooring and fresh white walls, complemented by chic black door and window frames. Here youll also find video-intercom, two in-built cupboards for convenient storage options. The second of which also contains washing machine and dryer.
In the open-plan living area you will find floor-to-ceiling French windows that pour sunlight across the space, where room for both lounge and dining furniture awaits. The nice-sized L-shaped kitchen resides here, with an abundance of matte white cabinetry and integrated appliances, including full sized dish washer and fridge freezer. Passing through the designated dining and living room areas, your private south-facing balcony beckons. Enjoy stunning city views from your fourth floor home, with plenty of space for outdoor furniture.
Back into the hallway youll find your two double bedrooms, each offering more views from floor-to-ceiling black framed windows, cosy grey carpeting and crisp white walls. To the front of the apartment sits the bathroom, awash with oversized tiling surrounding the full sized bath tub and overhead shower, illuminated via recessed spot lighting.
Willowbrook House is the latest West Reservoir Residence to join a landmark regeneration neighbourhood in Londons bustling Zone 2. Overlooking the sailing lake, these well-maintained apartments sit enviably close to Finsbury Park and are found a stones throw away from the picturesque neighbourhood of Stoke Newington and stunning Clissold Park.
Transport-wise you are 0.9 miles from Finsbury Park Station and a mere 0.1 mile stroll from Manor House Underground. Check out our Neighbourhoods Guides for local tips on your new area.
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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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