3 bedroom apartment for sale

£1,100,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Guide Price: 1,100,000 - 1,200,000

The home is enviously located within Dalston Square where a collection of modern apartment blocks meet and enjoy the vibrant community, an array of amenities and a selection of convenient transport links. A secure communal entrance with video entry system and lift access leads you up to either the 8th or 9th floor as access is available on both floors.

On the 8th floor, an inviting entrance hallway leads you through to the open plan reception room and kitchen which truly is the heart of the home. You will find a brand new bespoke kitchen from the London Kitchen Company. The current owners have left no stone unturned in terms of the specification of the kitchen and the new owner will be able to look forward to high end appliances including: a Bora X Pure hob, a Quooker tap, a Miele Artline oven and combi steam oven, a Fisher & Paykel fridge / freezer and Caple triple-zone wine fridge. We are told that the wine fridge has room for 70 bottles! You will find a stunning double pantry with appliance worktop in addition to under cabinet lighting. The reception room and kitchen is a generous size and offers dual aspect windows which benefit from a plethora of south-east and north-east light. A wonderful setting to entertain guests and enjoy dinner parties or simply a tranquil haven to relax and enjoy an evening meal whilst watching London go by from your winter garden.

The winter garden is decked, has been fitted with outdoor lighting and offers ample space to home a large seating area or perhaps some stools to enjoy uninterrupted views of London. Floor to ceiling windows in the winter garden make this area of the home feel rather special. The new owner will have gorgeous sunsets and firework displays to look forward to from the comfort of your winter garden. If you fancy a change and would like a different aspect of London, there is a south east facing balcony.

You will find one of the three bedrooms and a w/c on the 8th floor and other features to mention include: newly installed, beautiful engineered wooden floors, fully dimmable ceiling lights installed in all rooms, brushed brass hardware on all switches, sockets and doors, a Nest thermostat and two Google Nest Protect smoke and CO detectors.

The staircase leading up to the 9th floor comprises of a new modern stair railing with integrated dimmable LED lights and a glass banister at the top of the stairs. On the 9th floor you will find the master bedroom suite with dual aspect windows and a carefully considered built in wardrobe which has real WOW factor. You will find an en-suite shower room with ample hidden storage space to the side of the master bedroom. The third bedroom is also on the 9th floor along with a contemporary family bathroom and a storage room which has been converted to a functional office with new micro-cement flooring.

Other benefits include: an allocated car parking space, a long lease, a compliant EWS1 certificate, a residents concierge and gymnasium.

Dalston Square finds itself in an enviable location in the heart of Central Dalston, within mere moments from an array of vibrant bars, restaurants, and amenities found along Kingsland Road and Church Street. For those seeking outdoor leisure, the lush green expanses of London Fields are a short walk away, as is the renowned Broadway Market, offering a delightful setting for weekend dining experiences.

Transportation is a breeze, with both Dalston Junction and Dalston Overground Stations just moments away from the property. These transport links provide swift access to trendy Shoreditch, stylish Islington, and an abundance of bus routes connecting you to the thriving City and the vibrant West End.

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

£ 906450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 27500
  • 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

£ 81450
  • 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

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  %
£
  %

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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