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£625,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 625,000 - 650,000 Elms Estates are pleased to offer to the market For Sale this Amazing Four Bedroom Apartment located within this Beautiful Victorian Building.
The property is situated just off Bethnal Green Road on a delightful street with numerous Green Spaces such as Weavers Fields, Bethnal Green Gardens, Museum Gardens, St Bartholmew Gardens within easy reach. It has Excellent Transport Links such as Bethnal Green Underground & Overground Stations close by. It is a short walk to the famous Brick Lane & Shoreditch High Street and close to many superb Local Amenities and an abundance of Shops, Restaurants and Cafes.
Internally the property is bright and spacious throughout benefiting from a large reception room with a bay window, Separate modern fitted kitchen which gives you access to the balcony. The property boasts four double bedrooms as well as a contemporary bathroom.
Corfield Street is offered to the market on a CHAIN FREE basis and really is one to not be missed.
For more information or to arrange a viewing please do not hesitate to call in and speak with one of our Property Consultants.
Reception Room - 4.57 x 3.58 (1411' x 118') -
Kitchen - 3.76 x 2.84 (124' x 93') -
Bedroom One - 3.66 x 3.61 (120' x 1110') -
Bedroom Two - 3.78 x 2.92 (124' x 96') -
Bedroom Three - 3.25 x 2.24 (107' x 74') -
Bedroom Four - 3.25 x 2.24 (107' x 74') -
Bathroom -
Balcony -
Material Information - Tenure: Leasehold
Length Of Lease: Approx 89 Years remaining
Annual Ground Rent: 10.00 Per year
Annual Service Charge: 2,483.46
Council Tax Band: D
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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