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£725,000
Bedrooms
Bathrooms
Well positioned just moments from Euston Station and the wonderful cafes and eateries of the area, and securely placed behind a large entrance gate leading to a central courtyard. We are delighted to offer for sale this very stylish 2 double bedroom first floor apartment with its own private entrance and quite magnificent private roof terrace.
This light and spacious property is well planned and offered for sale chain free. We highly recommend viewing.
Entrance Courtyard - Large front gate with fob entrance leading to open courtyard giving access to all units.
Ground Floor -
Entrance - Stairs from ground floor entrance up to the first floor.
First Floor -
Entrance Hall - Engineered wood floor, video entryphone, storage cupboard.
Lounge - Engineered wood floor, double glazed windows and doors to large terrace.
Kitchen - Fitted white wall and base units, worktops incorporating a stainless steel sink unit with mixer tap, electric oven and hob with extractor canopy above, integrated washer dryer, dishwasher and 60/40 fridge freezer, double glazed window.
Master Bedroom - Engineered wood floor, fitted double wardrobe, large walk-in wardrobe, double glazed windows with fitted blackout curtains.
Bedroom Two - Engineered wood floor, double glazed windows with fitted black out blinds, built-in wardrobe.
Bathroom - Panel enclosed bath with mixer tap and shower attachment, wash basin with fitted mirror above, low flush WC, extractor fan, tiled splash back areas.
Terrace - A huge private paved terrace accessed from the lounge, perfect for entertaining a lot of guests!
Additional Information - Leasehold 125 years from 16th November 2011 - 112 Years remaining
Service Charge 4,357.20 for 24/25 up to 31st March 2025 to INCLUDE Heating, Hot Water and 250 ground rent
EPC Rating C
Camden Council Tax Band D
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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