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£1,550,000
Bedrooms
Bathrooms
This well-proportioned lateral flat features two double bedrooms and two bathrooms within an attractive red brick period building, Located in one of Chelseas most sought-after neighbourhood, the flat benefits from plenty of natural light throughout, creating an inviting and airy atmosphere
The rear of the property boasts a large, bright reception room spanning the width of two windows with a pleasant outlook. A separate fitted kitchen with a breakfast bar is conveniently located off the hallway. To the front, there are two double bedrooms, one with an en-suite bathroom, and a separate shower room serving the second bedroom. The flat benefits from good ceilings heights -throughout and is offered with no chain.
Positioned in Cadogan Gardens, just off Kings Road and close to Sloane Square, residents enjoy easy access to Chelseas renowned shops, boutiques, and restaurants.
Cheyne Gardens is ideally located for all Chelsea has to offer, from a whole host of shops and eateries, to the green open spaces of nearby Battersea Park. Sloane Square (District and Circle Lines) and South Kensington (District, Circle and Piccadilly Lines) are the closest stations, whilst the Kings Road has a number of well serving buses.
- Modern
- Period features
- Lease 113 Years
- Ground Rent 250.00 per annum
- Service Charge 3,500.00 per annum
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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