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£299,950
Bedrooms
Bathrooms
Fantastic modern top floor apartment within 100 yards of the train station with a new Sainsburys Local next door & only a 5-10 min to Kingston riverside or Bushy Park. Open-plan living space, integrated kitchen & spacious bedroom with fitted wardrobe. No onward chain.
This fantastic modern apartment is located on the top (second) floor of this stylish development, located conveniently within 100 yards of Hampton Wick Mainline Station. There is also new Sainsburys Local just next door and the vibrant Kingston riverside is within 5-10 walk, as is the blissful, wild expanse that is Bushy Park!
This apartment is positioned, peacefully away from the road, to the rear of the property. The property was built in 2009, constructed to the highest standard. This apartment was finished beautifully with engineered oak flooring throughout the living area and the bedroom has high quality light carpeting. The integrated kitchen is extremely well-designed with contemporary fittings and a practical breakfast bar for the modern sociable living style of the young professional. Offered to the market with no onward chain.
Lease remaining - 109 years
Ground rent - 250pa
Service charges - 2560pa + 625 reserve fund
Council Tax Band - C (2108pa)
Current rental income - 1470 pcm
EPC rated C
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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