Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
7Lower Sloane Street, London
£2,050,000
Bedrooms
Bathrooms
A charming two bedroom raised ground and lower ground floor maisonette within this Queen Anne style red brick conversion building. The property has been beautifully decorated benefiting from formal reception room with direct south west facing communal garden access and exceptional ceiling heights. Provides well laid out accommodation incorporating high quality craftsmanship and finishes and offers a separate lockable storage room. The building further benefits from a resident caretaker and recently refurbished communal areas whilst the lease was extended in 2018.
Situation
Sloane Gardens is a small, upscale neighborhood located in the Royal Borough of Kensington and Chelsea, in London. The area is known for its beautiful architecture, charming gardens, and close proximity to the amenities of the Kings Road. Sloane Gardens is a peaceful and residential area with an array of luxurious properties, from period townhouses to modern apartments. The neighborhood is home to some of the most prestigious schools in London, making it a popular choice for families. The nearby Sloane Square is a hub for high-end shopping, dining, and cultural experiences, with the Royal Court Theatre and the Saatchi Gallery both located in the area.
Property Ref Number:
HAM-15269Map 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.
7Lower Sloane Street, London
The Property has been saved to your favorites
/ 5
It's quick and easy
