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£900,000 Guide Price
Bedrooms
A stunning one-bedroom apartment set on the 9th floor of the sought-after Onyx Apartments in Kings Cross. Spanning 535 square feet internally, this spacious apartment also boasts a west-facing terrace, high-specification equipment and finish, open-plan kitchen with Siemens appliances, designated dining area and reception space with engineered wooden floors, ample storage and floor-to-ceiling windows throughout.
The Onyx Building was completed at the end of 2018 with a 24-hour concierge and extensive bike storage, whilst its residents are pampered with service and amenities. The rooftop terrace and conservatory present stunning views across the London skyline and are accessible to all residents.
Kings Cross is one of Londons most comprehensive redevelopment locations. Steeped in history with a fantastic location, the future of this dynamic area promises constant stream of new amenities, resources and projects. The two mainline stations of Kings Cross and St. Pancras International link six London underground lines to the rest of the UK; and the international high-speed rail provides a direct connection to Paris, Brussels and the rest of Europe.
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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