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£550,000 Offers in excess of
Bedrooms
Bathrooms
IDM Estates is delighted to present this newly refurbished, high-spec 2-bedroom apartment. This stunning property has been meticulously transformed from a former 1-bed to a modern, stylish 2-bed residence, perfectly situated in the historic Gainsborough Studios. Enjoy the vibrant lifestyle of Shoreditch with the comfort and luxury of contemporary living.
Upon entering, you are greeted by a spacious hallway that offers ample storage space. The fantastic bathroom features a luxurious rain shower and a separate shower attachment, providing a spa-like experience. The open plan kitchen-reception area is flooded with natural light and boasts high-spec appliances, with the living space offering partial views of Shoreditch Park. The main bedroom is a good-sized double, while the second bedroom serves ideally as a childs bedroom or a home office, offering flexibility for your needs.
The iconic Gainsborough Studios provides a 24-hour concierge service, ensuring both security and convenience. On-site amenities include a Co-op supermarket and the cosy caf Bobo & Wild. Residents also have access to a privately run gym within the complex, although membership is not included. Additionally, a recently opened Better Gym in Shoreditch Park features tennis courts, a football pitch on the roof, a swimming pool, and a soft play centre.
The property is ideally located off the New North Road, offering easy access to numerous bus routes and close proximity to Old Street, Essex Road, and Highbury & Islington Station. It is just a short distance from Islingtons trendy Upper Street and Hoxton, providing a huge selection of bars, restaurants, and shops. The charming Regents Canal is minutes away, perfect for leisurely strolls to Angel, Broadway Market, or Victoria Park.
With convenient access to multiple bus routes and close proximity to Old Street, Essex Road, and Highbury & Islington Station, commuting is a breeze. This property combines modern living with historical charm in one of Londons most sought-after neighborhoods. Dont miss the opportunity to make this stunning apartment your new home. For viewings and more information, please contact IDM Estates
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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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