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£750,000
Bedrooms
Bathrooms
An impressive flat filled with natural light, arranged over the 2nd and 3rd (top) floors of a small gated development offering 900+ square feet of internal space. The property has a bright, generously sized living room, separate kitchen, three double bedrooms, bathroom, separate W.C, private balcony with double glazed windows throughout and good storage options. Enviably located to the west of Dartmouth Park and within a few metres of Parliament Hill Fields with its wealth of amenities, including a running track, tennis courts, lido and cafe, beyond which are the wide open spaces of Hampstead Heath. Nearby transport options include Gospel Oak Overground Station (Suffragette and Mildmay lines), Kentish Town Underground Station (Northern Line), along with a number of bus routes giving access to the City, West End and beyond. Leasehold.
Second Floor Entrance - Accessed via a communal hallway, staircase and exterior walkway.
Hallway - A bright entrance hall featuring a fitted carpet, entry phone system, storage cupboard with further understairs storage, inset spotlights and stairs to the upper level.
Living Room - A naturally bright room with ample space for both lounge and dining areas. Features include a fitted carpet, a smart feature fireplace, inset spotlights, radiator and double glazed casement windows and door, giving access to a private south-easterly facing balcony, overlooking gardens at the rear of the building.
Kitchen - A range of light oak wall and base units with stainless steel fittings and granite effect worksurfaces, incorporating a stainless steel sink and drainer with mixer tap, integrated fan assisted oven/grill with extractor canopy above, integrated dishwasher, under counter fridge and freezer, a storage cupboard that houses the washing machine and a dryer too, combi boiler, double glazed casement windows to the front of the building, part tiled walls, soft tiled flooring, inset spotlights and radiator.
Stairs To Upper Level - Carpeted
Upper Landing - Fitted carpet, storage cupboard and inset spotlights.
Bedroom One - A light double bedroom with a fitted carpet, double glazed casement windows overlooking the front of the building, inset spotlights and radiator.
Bedroom Two - A generous, bright double bedroom with a fitted carpet, double glazed casement windows overlooking the rear of the building, inset spotlights and radiator.
Bedroom Three - Another bright double bedroom with a fitted carpet, double glazed casement windows overlooking the rear of the building, inset spotlights and radiator.
Bathroom - A white suite with chrome fittings, comprised of a panel enclosed bath with wall mounted shower fitting, mixer taps and glass shower screen, wash basin mounted into the top of a storage unit, frosted double glazed casement window to the front of the building, part tiled walls and soft tiled flooring and chrome wall mounted heated towel rail.
Separate W.C - Low flush W.C with a unit that holds both the cistern and wash basin, frosted double glazed window to the front of the building and soft tiled flooring.
Balcony - A private south-easterly facing balcony accessed from the living room, overlooking gardens at the rear of the building.
Additional Information - Leasehold, approximately 98 years remaining
Service Charge - 1,826.00 - 2024/25
Ground Rent - 10pa
Camden Council
Council Tax Band D
Map location is not available for this property.
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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