2 bedroom flat for sale

£690,000

2

Bedrooms

1

Bathrooms

Floorplan

Boasting ceilings over three metres high and a 98ft private garden, this stunning garden flat is positioned in the heart of the Mapesbury Conservation Area.

A truly rare find, this wonderful family apartment is filled with gorgeous original features and period charm. Set within a large detached Victorian house, the conversion occupies the east side of the ground floor. At the front is the spacious principal bedroom, featuring beautiful sash windows and an abundance of built-in storage. Prospective purchasers will be blown away by the exceptionally bright reception room, complete with original fireplace, decorative cornicing, and tranquil green views through the conservatory onto the nearly 100ft private garden.

Perfect for relaxing and entertaining, the garden offers a canopied, decked section leading to a beautifully maintained lawn flanked by mature flowerbeds a true oasis in North West London. There is also a patio ideal for dining, and a summerhouse with electricity.

All arranged over one floor, the property includes a separate fully fitted kitchen, a family bathroom, and a second bedroom.

This stretch of Walm Lane is arguably one of the most sought-after roads in NW2. Within the Conservation Area, the stunning Victorian architecture and wide, tree-lined roads are protected for generations to come. These properties are well set back from the road and slightly wider than their neighbours, offering grander proportions and off-street parking. The ever-popular Mapesbury Dell is just a short stroll away on Hoveden Road, with both Willesden Green and Kilburn stations (Jubilee Line) right around the corner.

Buyer Compliance Checks:
If your offer is accepted, we are legally required to complete compliance checks before issuing a Memorandum of Sale. This includes verifying identity, carrying out antimoney laundering (AML) checks, and confirming proof of funds/deposit. These checks are carried out securely via our compliance platform, at a one-off cost of 50 (including VAT). The fee covers the entire transaction (all buyers) and goes towards the cost of completing these mandatory checks.



Features
  • Freehold

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 571950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 17250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 54450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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