1 bedroom flat for sale

£600,000

1

Bedrooms

1

Bathrooms

Floorplan

A delightful ground floor one double bedroom garden flat in superb condition throughout offering an impressive mixture of contemporary and original features including high ceilings, tall sash windows and timber shutters set within a pretty grade ll listed terrace. The flat has a generously sized living room with both dining, lounge and work from home space opening up to a modern kitchen, a double bedroom with built in wardrobes overlooking the rear of the property, a shower wet room and sole use of a beautiful and secluded west facing rear garden.

Ground Floor Entrance Hall -

Living Room - Offering ample space for a dining area and lounge this beautiful room has a great mixture of modern and original features including a high ceiling, tall twin sash windows, wood flooring, reclaimed timber and exposed brickwork walls with two large timber doors separating the living room from the kitchen. Opening to........

Kitchen - A range of low level storage units with a white high gloss finish and wood work surfaces. Appliances include an integrated oven and gas hob, a fridge with freezer shelf, dishwasher and butler sink with swan neck mixer tap. Finished in ceramic splashback tiling and wood floor.

Double Bedroom - Located to the rear of the property and benefitting from wall to wall fitted wardrobes, a large sash window with working wooden shutters overlooking the rear gardens and wood floor.

Wet Room - Fully tiled with walk in shower and fitted overhead shower rose, wash hand basin set in vanity unit w.c. and plumbed for washing machine. Door to.......

Private Rear Garden - A wide path leading to the rear section of this beautifully secluded west facing garden with a paved central area with mature apple tree and perimeter planting including a pear tree and silver birches. Storage box.

Additional Information - Camden Council Tax Band C
Share Of Freehold

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

£ 497700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 15000
  • 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

£ 47700
  • 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

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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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