1 bedroom apartment for sale

£325,000 Guide Price

1

Bedrooms

1

Bathrooms

Floorplan

Are you on the lookout for a charming 1 bedroom apartment in the heart of East London? Look no further! Situated in the sought-after Firewatch Court complex, this delightful property offers a comfortable and convenient urban lifestyle. With its excellent condition, secure gated parking, and desirable location, this apartment is a perfect find for young professionals or as a fantastic investment opportunity.
Step into a Home that Exudes Comfort and Style
As you step inside this modern apartment, youll instantly feel a sense of warmth and tranquillity. The open-plan living area seamlessly connects the living room, dining space, and kitchen, providing the perfect setting for relaxing and hosting gatherings. The large windows flood the space with natural light, and the tasteful neutral dcor adds a touch of elegance to the room.
A Chefs Dream Kitchen
Boasting sleek countertops and ample cupboard space, this kitchen will bring out the creative chef within you. Whip up delicious meals and entertain guests effortlessly, all while enjoying the company of your loved ones in the adjacent living area.
An Oasis of Serenity in the Bedroom
The bedroom in this apartment offers a cosy and peaceful retreat. The room is spacious enough to accommodate a double bed, wardrobe, and additional storage options. The serene ambiance enhances a restful nights sleep, ensuring you wake up feeling refreshed and ready to take on the day.
Secure Gated Parking for Peace of Mind
Forget about the hassles of finding parking. Firewatch Court offers secure gated parking, ensuring that your vehicle is safe just steps away from your front door. Enjoy the convenience and peace of mind that this feature provides, especially for busy professionals with a hectic schedule.
A Balcony to Enjoy the Outdoors
Looking to escape the four walls and enjoy a breath of fresh air? This apartment comes complete with a balcony, perfect for enjoying a cup of coffee.
Prime Location with Easy Access to Amenities
Firewatch Court is ideally located just moments away from the picturesque Regents Canal, offering a tranquil environment for leisurely walks or bike rides. The property is in close proximity to Stepney Station and Mile End Station, ensuring quick and easy access to the rest of London. Residents of this vibrant locale are spoilt for choice with an abundance of trendy cafes, restaurants, and shops within walking distance.
A Stress-Free Transaction with No Chain
When purchasing this apartment, you can enjoy the peace of mind that comes with a chain-free transaction. Avoid any delays or issues that can arise from a property chain, and proceed with the sale smoothly.
Dont Miss Out - Schedule a Viewing Today!
This Firewatch Court apartment presents an incredible opportunity to own a well-maintained property in a highly-sought after London locale. Whether youre a first-time buyer, downsizing, or seeking a smart investment, this 1 bedroom apartment with its excellent condition, secure gated parking, and attractive features is definitely worth your consideration.
EPC - CService Charge - 2,500 paGround Rent - 150 paLease - 106 Years

The property misdescriptions act 1991. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitors.

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 270825

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 8125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 27075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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