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£585,000
Bedrooms
Bathrooms
Kings Group is thrilled to present this stunning two-bedroom first-floor apartment, located in the vibrant and sought-after London Borough of Hornsey. This charming property boasts two generously sized double bedrooms, including bedroom two with a private en-suite shower room, offering both comfort and privacy. A separate, well-appointed three-piece family bathroom adds convenience for guests and family members.
The spacious open-plan living and kitchen area is perfect for modern living, providing an ideal space for both entertaining and relaxation. One of the standout features of this home is the delightful balcony, a serene spot to enjoy your morning coffee or unwind after a busy day.
Ample storage space throughout ensures a tidy, clutter-free living environment. The property also offers the added benefit of an allocated parking space with an electric vehicle charger, making it an ideal choice for those with electric vehicles.
Perfectly suited for individuals or small families, this home combines style, functionality, and contemporary living in a desirable location. With its thoughtful design and modern amenities, this apartment is a must-see. Experience the charm and convenience of Hornsey in this wonderful residence!
More specifically, this property is situated near Muswell Hill and Crouch End, two popular areas known for their charming suburban atmosphere, excellent amenities, and green spaces. Hornsey itself is a well-connected area with easy access to transport links, including bus routes and nearby train stations, making it an ideal location for commuters and residents alike.
The area offers a mix of local shops, restaurants, cafes, and parks, contributing to a pleasant and convenient lifestyle. Its also close to Alexandra Palace, a famous historic venue and park.
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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