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£319,995
Bedrooms
Bathrooms
A luxurious two-bedroom apartment set on the fifth floor of an attractive modern development.
The property would make an ideal first time buy for professionals with excellent public transport connections offers and modern living space with important features such as an en-suite shower room, a fully fitted kitchen and balcony. The accommodation is spacious and bright and is comfortable and convenient for working at home.
Built in 2015 and still within NHBC Warranty and serviced by two lifts. It comes with a dedicated parking space nearby and has a long lease. Located on Fore Street the main High Street. Close to Tottenham, with a range of shops and facilities.
The area is served by multiple regular bus services and is within walking distance of Silver Street Overground Station, with regular services (every 15 minutes) into London Liverpool St, via Seven Sisters underground Station (Victoria Line).
The property is offered with immediate vacant possession.
Hallway
Laminate flooring, storage cupboard housing washing machine & power points
Reception 203 x 147
Open plan, laminate flooring, radiator, power points & double glazed door to balcony
Reception Other View
Kitchen
Fitted wall & base units, double stainless steel sink with mixer taps, fitted electric hob & oven, integrated fridge/freezer & dishwasher, extractor fan, power points & tiled flooring.
Bedroom 1 153 x 9
Laminate flooring, radiator, power points & double glazed doors to Juliet balcony
Bedroom 1 Other view
En-Suite 68 x 41
Shower cubicle & fitted attachments with sliding glass doors, low flush WC, wah hand basin with mixer tap, heated towel rail & tiled splash backs.
Bedroom 2 14.7 x 86
Laminate flooring, radiator, power points & double glazed doors leading to Juliet balcony.
Bathroom 72 x 69
Panel bath with shower attachment, wash hand basin with mixer taps, tiled splash backs, low flush WC, heated towel rail, extractor fan & tiled flooring.
Balcony
Wooden flooring & metal railings
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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