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£875,000
Bedrooms
Bathrooms
Set in a private enclave opposite Clapham South underground, Clapham Quarter is a private collection of unique 1, 2, 3 and 4 bedroom apartments designed for modern living within a gated development. This apartment has an 82 sq ft (8 sq m) good sized balcony overlooking the landscaped entrance. This apartment is finished to the highest specification and features smart home technology.
Open-plan living spaces are perfect for both daily life and entertaining guests. Kitchens include Italian designed contemporary units with handleless doors, quartz marble worktops, and integrated Siemens appliances. Master bedrooms provide USB and telephone points, with Italian designed fitted wardrobes. Bathrooms built for relaxation have large porcelain tiling from floor to ceiling, and appliances finished in contemporary satin chrome brassware.
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Situation
Clapham Quarter is just a two-minute walk away from Clapham South Underground Station, with Clapham Common on its doorstep, providing easy access to central London while enjoying the vibrant atmosphere of the local neighbourhood.
Transport
Zone 2/3 Clapham South Underground station is two minutes from Clapham Quarter. Reach Bank station or Oxford Circus in less than 20 minutes. There is also ready access to Overground services at Balham, Clapham High Street and Clapham Junction, the busiest railway station in Britain.
Property Ref Number:
HAM-60402Map 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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