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£375,000 Offers in excess of
Bedrooms
Bathrooms
A beautifully presented one-bedroom apartment, enviably located on a tranquil one-way street within a charming double-fronted, semi-detached Victorian residence.
Occupying the first floor of this elegant three-storey period property, the apartment has been maintained to and excellent standard, seamlessly blending contemporary design with timeless character.
The accommodation comprises a bright and spacious open-plan kitchen and reception room, including handmade design features, including a bespoke bench and table, and two wardrobes. The kitchen is fitted with a range of high-specification appliances, complemented by sleek granite worktops and stylish cabinetry. The living area provides a welcoming space ideal for both relaxation and entertaining.
A generously sized double bedroom offers comfortable living, while the property further benefits from a modern three-piece bathroom suite featuring contemporary fixtures and finishes. The refurbishment includes newly laid flooring throughout, contributing to a cohesive and sophisticated interior aesthetic. Features also include handmade furnishings and bespoke wardrobes.
Ideally situated within easy reach of Hackney Downs Park, residents can enjoy its expansive green spaces, which include basketball courts, football pitches, a childrens play area, and a bowling greenperfect for leisure and recreation.
Transport connections are excellent, with Hackney Central station located approximately a 10-minute walk away, offering direct access to Stratford in around 10 minutes. Stratford provides further connectivity across London and beyond, as well as access to the extensive retail and entertainment options at Westfield Stratford City.
The property is also conveniently close to the vibrant amenities of Mare Street, home to a wide selection of restaurants, bars, and cultural attractions, including the celebrated Hackney Empire theatre.
This outstanding apartment represents an excellent opportunity for first-time buyer.
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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