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£625,000 Guide Price
Bedrooms
This beautifully presented 2-bedroom apartment is set within a classic Victorian conversion on the first floor, located on the desirable Saltram Crescent in the heart of Maida Vale. Boasting high ceilings and an abundance of natural light, this flat offers a spacious and airy living environment perfect for modern living.
Property Features:
Living Room: A generously sized living room with high ceilings and large windows, allowing plenty of natural light to flood the space, creating a warm and inviting atmosphere.
Kitchen: A well-appointed kitchen withample storage, and counter space, ideal for cooking and doing laundry.
Bedrooms: Two spacious double bedrooms, both with large windows that enhance the bright and open feel of the apartment as well as enough space for a cupboardand desk space.
Bathroom: A large, fully tiled bathroom with contemporary fixtures and fittings.
Location:
Situated in a prime location, this apartment is just moments away from the vibrant Maida Vale area, offering a range of local amenities including cafes, restaurants, and boutique shops. The peaceful Paddington Recreation Ground, a popular green space for outdoor activities, is also within walking distance
Transport Links:
Maida Vale Station (Bakerloo Line): Approximately a 10-minute walk, providing quick and easy access to Central London and beyond.
Queens Park Station (Bakerloo Line & Overground): Also within a short walking distance, offering further transport options.
Bus Services: Excellent bus links are available nearby, connecting you to various parts of the city.
Schools:
St. Peters Primary School: An Ofsted-rated Outstanding primary school, just a short walk away.
Paddington Academy: A highly regarded secondary school within easy reach.
Little Venice Sports Centre: Offering a range of sports and fitness activities, also nearby.
This delightful Victorian conversion flat offers the perfect blend of period charm and modern living in one of Londons most sought-after locations. Ideal for first-time buyers, young professionals, or investors looking for a property with excellent transport links and local amenities.
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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