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£935,000
Bedrooms
Bathrooms
A modern, spacious, bright and well planned apartment arranged over the third and fourth floor of
this development, enviably situated in Fitzrovia, just moments away from the multitude of shops,
cafes, restaurants, theatres, amenities and transport links which Central London offers. Warren
Street, Goodge Street, Euston Square, Regents Park Underground Stations and Euston Overground
Station are just minutes away, as are numerous bus routes.
Arranged Over Two Floors ' Bright Lounge ' Two Double Bedrooms ' Stylish Open Plan Kitchen
' Modern Bathroom/WC ' Double Glazed Throughout ' Video Entry Phone System '
Communal Heating System ' Accessed by Lift or Stairs ' Residents Secure Cycle Storage Facility'
Prime Central London Location '
Building Entrance - Secure video entry door system, security fob access to lift and stairs.
Third Floor - Lift and stair access.
Hallway - Features include Amtico style wood effect flooring, video entry phone system, a cupboard housing the heating system for the property, a separate storage cupboard, pendant light fitting, radiator and staircase to the upper floor of the property.
Living Room - A light reception room featuring Amtico style wood effect flooring, double glazed sash windows to the side of the building, pendant light fitting and wall uplighters, TV, telephone and media points. Opening to.....
Kitchen - A modern range of fitted high gloss wall and base units with stainless steel fittings and a dark marble effect work surface, incorporating a one and a half bowl stainless steel sink and drainer with mixer tap, integrated fan assisted oven/grill with four ring ceramic hob and stainless steel extractor canopy above, integrated fridge/freezer, dishwasher and washer/dryer, Amtico style wood effect flooring, inset spotlights and double glazed sash window to the side elevation.
Bathroom - Stylish white bathroom suite with chrome fittings, comprising of a panel enclosed bath with a wall mounted shower fitting, mixer taps and glass shower screen, pedestal wash hand basin, low flush WC, part tiled walls and linoleum tiled flooring, wall mounted heated chrome towel rail, large fitted mirror and inset spotlights.
Stairs To Upper Floor - Both the stairs and landing are fully carpeted, other features include a double glazed sash window to the side of the building, storage cupboard, pendant light fitting and radiator.
Bedroom One - A generous, bright double bedroom, featuring a fitted carpet, double glazed sash windows, built-in wardrobe, pendant light fitting, radiator and telephone point.
Bedroom Two - A double bedroom featuring a fitted carpet, double glazed sash windows, built-in wardrobe, pendant light fitting, radiator, TV and media points.
Exterior - Residents secure bicycle storage facility in the basement of the building.
Additional Information - Service Charges 4,345 per annum
Ground Rent (included in service charge)
Lease Remaining 115 Years
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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