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£310,000
Bedrooms
Bathrooms
Kings Group Cheshunt are delighted to offer this IMMACULATE TWO BEDROOM GROUND FLOOR APARTMENT, LOCATED IN THE HEART OF CHESHUNT AND WITH A 994 YEAR LEASE !!!.
This charming two-bedroom ground-floor flat offers a fantastic blend of comfort, convenience, and outdoor space. Situated in a well-maintained building, the property benefits from a long 994-year lease, ensuring long-term security for its owners.
Upon entering, you are greeted by a welcoming and well-lit living area, perfect for relaxation or entertaining guests. Large windows allow plenty of natural light to filter through, creating a bright and airy feel. Adjacent to the living space, the modern kitchen is fully equipped with ample storage, sleek countertops, and integrated appliances. The flat features two generously sized bedrooms, both offering comfortable accommodation with room for wardrobes and additional furnishings. The master bedroom, in particular, provides a peaceful retreat, while the second bedroom is ideal as a guest room, home office, or childrens room. A well-appointed bathroom with a contemporary suite, including a bathtub with a shower over it, completes the interior layout.
One of the standout features of this property is its private courtyard area. This outdoor space is perfect for enjoying a morning coffee or simply unwinding in the fresh air. The courtyard offers a rare opportunity for outdoor living, making it a true asset for the home. Additional benefits include double glazing, gas central heating, and a secure entrance. The flat is conveniently located close to local amenities, transport links, and green spaces, making it an ideal choice for families looking for a comfortable and well-situated home.
Location - Located in the heart of the town centre this beautiful property is surrounded by everything a home owner needs in a new home. Ranging from local high street shops, popular restaurants, Tesco Supermarket, banks, cafes any many more high street shops and business, a new owner would struggle to find a better situated proeprty for day to day life needs. With the property being in the Town centre not only does it have local shops near by, you will also benefit from being walking distance to Laura Trott Leisure Centre, Cheshunt Community Hospital, Lea Valley Park and Cheshunt Community Sports Park.
Travel Links - Ripleys Yard also offers fantastic commute links, with Cheshunt Station being under a 10 minute walk away there are regular services to London Liverpool Street via Tottenham Hale, in under 30 minutes and Greater Anglia Service trains to destinations like Cambridge, Stansted Airport, and Hertford East. Alternatively you can use Theobalds Grove Station which is also just a 15 minute walk away which serves the route between Liverpool Street and Cheshunt (via Seven Sisters). In addition to the public transport links the A10 and M25 are also accessible in under 5 minutes.
Local Schools - With the property being ideal for first time buyers local schools may be an important criteria in your search which in addition the above that Ripley Yard offers, you also have some of the areas most sought after and popular schools such as Arlesdene Nursery School and Pre-School, Burleigh Primary School, Downfield Primary School and Goffs - Churchgate Academy are being under 0.5 miles away, with many more within a mile radius offering a huge choice of schools to choose from.
Council Tax Band - B
Construction Type - Standard (Brick, Tile)
Flood Risk - Rivers & Seas: Low, Surface Water: Low
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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