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£1,200,000
Bedrooms
Bathrooms
An exciting opportunity nestled on the elegant and ever-popular Stratford Road, this first-floor two-bedroom flat has so much potential.
Boasting over 920sqft of living space, high ceilings, and generous proportions, the property is housed within a stunning Victorian corner buildingan iconic piece of Londons historic architectural charm.
The vast open-plan kitchen/reception room offers endless possibilities for a contemporary redesign. Perfect for entertaining, relaxing, or working from home in style with sunlight pouring through large central skylight, flooding the space with natural light throughout the day.
Both bedrooms are well-sized with wonderful ceiling height, the principal room set in a beautiful bay.
In the bathroom there is a shower cubicle, WC and a cupboard with plenty of space for storage and utilities.
This is a chance to create a beautiful home or investment in one of Londons most coveted postcodes. Stratford Road is well known for its independent shops and eateries as well as benefitting from being just a short walk to Holland Park, High Street Kensington, Earls Court where a wider range of amenities can be found as well as the open spaces of Holland Park and Kensington Gardens.
The area is well-served by highly regarded schools and excellent transport links.
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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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