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£400,000 Offers in excess of
Bedrooms
Bathrooms
Hunters (Camden) are delighted to market this purpose-built 1 bedroom flat situated on the 1st-floor. This property is currently offered under a Leasehold Tenure with 104 years remaining.
This property is located in Elm Village, a charming place with a strong sense of community whose residents benefit from Elm Village Open Spaces. The residents say they live in a peaceful oasis yet moments away from Kings Cross and Coal Drops Yards sleek bars and restaurants.
The property comprises 1 Double Bedroom, a Spacious Separate Living Room, Separate Kitchen, Family Bathroom, Communal Gardens and Parking (within the ground of the development with a small annual fee). The property benefits from having a Gas Central Heating System, Wood effect floor covering in the living room, and a spacious bedroom, furthermore the grounds of the development at Elm Village have community-run allotment areas, also with a seating area overlooking the picturesque Regents Canal.
Service Charge 1,240.00pa
Here is a spacious, purpose-built 1st floor flat in a great neighbourhood that feels like a village.
This property is located in Elm Village, a charming place with a strong sense of community whose residents benefit from Elm Village Open Spaces. The residents say they live in a peaceful oasis yet moments away from Kings Cross and Coal Drops Yards sleek bars and restaurants.
From Granary Square fountains to Coals Drop Yard stylish bars and restaurants. From Camdens lively venues to leisurely strolls along Regents Canal.
Reception Room - 13.85 (455') - Lovely and bright Reception Room with wood flooring throughout.
Bedroom - 10.61 (349') - Good size bright and peaceful double bedroom.
Kitchen - 9.32 (306') - Fully fitted modern kitchen diner. Bright and spacious with tiled fooring throughout.
Bathroom - Modern tiled bathroom.
Elm Village Open Spaces - The Elm Village Open Space area is rightfully protected by its residents to ensure a strong sense of community.
Estate And Overview - From the Granary Square fountains to stylish bars and restaurants in Coals Drop Yard. From Camdens lively venues to the tranquil walks along Regents Canal. There are always places to visit for every mood and occasion.
You are viewing a spacious, well-located, modern one bedroom flat. It is located in a safe, peaceful, and enviable central location.
This property is centrally located with great links to the whole of London, or beyond, yet will make one think they live in their own personal oasis.
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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