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£375,000
Bedrooms
Bathrooms
This spacious, newly refurbished, two-bedroom apartment in Norbiton Hall offers spacious living in a highly sought-after location. The property features a large separate living room, providing a cozy space for relaxation, as well as a separate, fully-equipped kitchen with modern appliances and ample storage.
Both bedrooms are generously sized, offering plenty of natural light and space for furniture. The bathroom is contemporary, with sleek fittings and a clean design.
The property is ideally situated just a short walk from Norbiton Station, offering quick and easy connections to Central London. Kingston town center is also nearby, providing a variety of shops, restaurants, cafes, and local amenities. For outdoor enthusiasts, Richmond Park and the River Thames are within easy reach, offering beautiful green spaces for walking, cycling, and recreation.
This well-maintained apartment is perfect for first-time buyers, small families, or investors seeking a property in a convenient and popular area. The communal roof on the building has also been replaced within the last 5 years.
Tenure: Leashold 215 years from 1975 (165 years remaining)
Service Charge: 3854.59 per annum (payable quarterly) includes Hot Water for the property, so a great benefit
Ground Rent: Peppercorn
EPC: C
Council Tax band: C
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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