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£2,450,000
Bedrooms
Bathrooms
Located in the heart of Marylebone, within the City of Westminster, Baker Street is ideally located in one of London's most unique and atmospheric residential districts. Marylebone has all the distinctive flavours of a quaint, modern village, surrounded by pedestrian streets, glorious greenery, boutique stores and craft eateries. It conjures the magic of suburban life, all the while being located mere minutes from Oxford Street, the world's largest high street, offering 1.5 miles of unrivalled shopping.Welcoming entrance hall with feature pendant lighting and marble flooring.Individual post boxes for each apartment located in entrance hallway.CCTV unit connected throughout the building common areas.Secure cycle storage.Contemporary Snaidero Italian kitchens. Handleless cabinets with soft closing mechanism and concealed pelmet lighting.Stylishly integrated Miele, Samsung or similar kitchen appliances.Polished quartz stone worktops and backsplashes.Internationally accessible satellite dish installed to provide streaming for European and Middle Eastern channelsFinely attuned heating and cooling systems provided by concealed units in each apartmentEfficient underfloor heating throughout entire apartmentAdvanced heating & cooling system that can be controlled and accessed via mobile appWiFi speed upto 630MbpsEach apartment is fitted with state-of-the-art fire alarms
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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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