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£950,000
Bedrooms
Bathrooms
'' STYLISH TWO DOUBLE BEDROOM GARDEN FLAT - PRIVATE SOUTH EAST FACING GARDEN - NEAR TO BELSIZE PARK STATION - NO UPPER CHAIN '' We are delighted to offer For Sale this rarely available Edwardian conversion ground floor garden flat benefiting from numerous original features. The property comprises two double bedrooms (one with a mezzanine level above) family bathroom, separate second toilet, airy living/dining room and a separate kitchen. The master double bedroom is situated at the front of the property and benefits from a vintage style radiator and three sash windows. You go down two steps to the second double bedroom, which has inbuilt shelving and vintage style radiator and has ladder steps to a mezzanine area which can be used as an alternative or extra sleeping space which fits a double mattress, or can be used for storage. The bathroom has tiled flooring, with toilet, sink, bath and shower, with glass fronted tiles and mirrored bathroom cabinet. The airy open living room has a feature fireplace and mantlepiece, tall vintage radiator, in built shelving and original French doors to the garden. The well appointed galley kitchen has tiled flooring and a re-fitted boiler with HIVE central heating, granite sink surround and wood counter surfaces. The Southeast facing garden has large slate tiled flooring, enclosed with tall privacy fencing with flower bedding (lilies and hydrangea) surround to two sides and there is a Long bench for seating, This property is sure to attract considerable interest, so to avoid disappointment please contact us without delay to arrange an early appointment to view.
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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