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£1,675,000
Bedrooms
Bathrooms
A particularly unique two double bedroom maisonette within a converted Victorian property, located on a quiet residential street in the heart of Dartmouth Park. The apartment is arranged over two floors, with well-planned accommodation throughout. On the lower ground floor there is a large reception room and a guest cloakroom to the front, with a good sized country style kitchen and extended dining room with underfloor heating, found at the rear. This leads to a charming garden, of approximately 42ft in length, providing an overall sense of tranquility and serenity, and offering a private peaceful escape in this quiet corner of Zone 2. To the raised ground floor level are the two double bedrooms, along with a bathroom. Laurier Road is a pretty tree-lined street within Dartmouth Park, which is exceptionally popular due to the easy walking distance to Hampstead Heath, and the Northern Line at Tufnell Park. There are several shops and restaurants to be found locally, on both York Rise and Swains Lane. In our opinion this property is a real find for this location. Rare of its type, benefiting from its own private entrance, and featuring such an idyllic private garden, it offers so much to the oncoming purchaser.
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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