2 bedroom apartment for sale

£610,000

2

Bedrooms

2

Bathrooms

Floorplan

Ellis and Co. are proud to present this beautiful spacious contemporary apartment set in the beautiful Hale Works development. Call us on top book a viewing today!

Inside, the apartment leans into a clean, contemporary aesthetic: bright open-plan living, a sleek fitted kitchen with high-spec Siemens appliances, and carefully considered finishes that make everyday life effortless. The south-west-facing balcony extends the living space and catches afternoon and evening sunperfect for a quiet coffee or sunset wind-down. Generous glazing maximises natural light, while the layout balances a calm private sleeping area with sociable space to dine and relax.

The development elevates things further. An on-site, 24/7 concierge provides security and convenience around the clock (not remote or off-site), complemented by a sky garden for peaceful city views and a stylish residents lounge that can be booked for private gatherings, co-working or meetings. Everyday practicality is covered with secure bike storage and a car park directly beneath the building, with spaces available to buy or rent (subject to availability).

Location seals the deal. Set within Tottenhams ongoing regeneration zone, youre moments from Tottenham Hale Station for ultra-fast Victoria Line connections (around 15 minutes to Oxford Circus) and National Rail/Stansted Express services; ideal for city commutes and getaways. Tottenham Hale Retail Park handles day-to-day shopping, a growing mix of cafs, bars and restaurants adds buzz, and the vast Walthamstow Wetlands is close by for weekend walks and wildlife. City energy and green escapes; both on your doorstep.

Perfect for professionals, couples or investors looking to be part of Tottenhams transformation, this home blends lifestyle, location and modern convenience in one compelling package.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 505950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 15250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 48450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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