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£339,995 Guide Price
Bedrooms
Bathrooms
Welcome to your dream home in the heart of Ilford! This exquisite 2-bedroom apartment offers the perfect blend of modern comfort and convenient urban living. Nestled within walking distance to Ilford station, commuting becomes a breeze, connecting you effortlessly to the vibrant energy of the city.
As you step into this inviting abode, you are greeted by a spacious and well-designed layout. The apartment boasts 2 generously sized double bedrooms, providing a tranquil retreat for relaxation. The contemporary design ensures that each bedroom is flooded with natural light, creating a warm and inviting atmosphere.
The apartments 2 bathrooms offer both style and functionality. Immaculately finished, they provide a private oasis where you can unwind after a busy day. The sleek and modern fixtures enhance the overall aesthetic, elevating your daily routine to a luxurious experience.
The heart of this home lies in its expansive reception area - a versatile space that adapts to your lifestyle. Whether youre entertaining guests, enjoying a quiet evening in, or transforming the space into a home office, the possibilities are endless. Large windows frame the living area, offering panoramic views of the surroundings and infusing the space with an abundance of natural light.
The open-plan kitchen seamlessly integrates into the living space, creating a social hub for culinary delights. Fitted with modern appliances and stylish finishes, the kitchen is not only functional but also an aesthetic delight for the aspiring chef.
In addition to the stylish interior, the apartment comes with the added convenience of being within walking distance to Ilford station. This prime location ensures that you are well-connected to transport links, local amenities, and the bustling energy of Ilford.
This 2-bedroom apartment is not just a residence; its a lifestyle. Immerse yourself in the convenience of city living while enjoying the comfort and elegance of a thoughtfully designed home. Your new chapter begins here - welcome to the epitome of contemporary living in Ilford.
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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