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76 Essex Road, Islington, London
£700,000
Bedrooms
Bathrooms
STUNNING CANAL VIEWS
Introducing this charming and modern upper floor apartment located in the heart of London. With a generous size of 758 Sq. Ft. this property features a lift for easy access.
The apartment comprises two bedrooms, perfect for a small family or professionals looking for a comfortable living space. The reception room is bright and airy, offering ample space for relaxation and entertainment, leading out to a balcony overlooking the Regents Canal. Two bathrooms ensure convenience for all residents.
Immaculately presented, this property boasts a range of desirable qualities, including its clean and homely atmosphere. The modern design and stylish decor create an inviting ambiance. The apartment is also well-lit, ensuring a pleasant living experience.
Enjoy the convenience of a balcony, providing a tranquil outdoor space to unwind. Additionally, residents have access to communal gardens, perfect for a leisurely stroll or social gatherings.
Angel Wharf is a secure block with concierge service, built by the award-winning developer Mount Anvil. Enjoying a superb location on Shepherdess walk, moments from the Wenlock Basin. Both Old Street and Angel stations are within close proximity to the apartment as are a number of Shops, bars and restaurants of nearby Islington and Hoxton.
Council tax band: D
Leashold
Lease: 108
Service charge: 3,672 pa
Ground rent: 455 pa
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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