2 bedroom flat for sale

£6,000,000

2

Bedrooms

2

Bathrooms

1

Reception

Property Point is delighted to present this Newly Build 2 Bed Flat for Sale located in the Marylebone Lane W1U that is situated at Second floor. This place has create a calming atmosphere, the courtyard is filled with plants, which, together with a stream of natural light, bring the space to life. Whether carefully chosen or exquisitely crafted, at Marylebone Square its the small details that make a difference.
The bathroom features an exquisite marble-clad curved wall, which is characterised by its dappled grey surface and intricate fluting detail. Bespoke walnut vanity units and nickel brassware complement the marble and stonework, creating a functional yet luxurious space.
The bedroom is spacious and elegantly crafted using high-quality natural materials. Floor- to-ceiling glass doors open out onto a private a balcony, which invites an influx of natural light into the room. For an early morning coffee or a late evening wind-down, its the perfect place to relax.
The Flat consists of 2 bedrooms, 2 Bathrooms, an open-plan kitchen and one study room with a terrace for sale in the Marylebone Lane W1U. Marylebone Square is made from the highest-quality, natural materials. Luxurious yet practical, they are durable, timeless and quietly confident. The signature element of the architecture is the cast-metal balustrades, crafted by a local foundry. In the kitchen and bathrooms, youll find a classic French marble, its delicate grooves and subtle copper veins elevating the interiors to give it a classic feel. Vanity units in the bathrooms and bedrooms are made of a rich walnut veneer, adding warmth and depth to the design.
Local Amenities: University College Hospital 0.2 miles; Weymouth Street Hospital 0.2 miles; University of Westminster 0.5 miles; The Cartoon Museum 0.8 miles; The British Museum 1.3 miles; Royal College of Physicians 0.8 miles; Westminster Bridge 2.4miles.
Payment Terms: 5,000 r reservation fee. 10% deposit paid on exchange in 28 days less Reservation fee. Further 10% payable 12 months thereafter. Balance of 80% paid upon Completion.
Property features:
'Living/kitchen/dining 6.3m ? 10.0m
'Master bedroom 3.3m ? 3.9m
'Master bathroom 2.4m ? 3.2m
'Bedroom 2 3.3m ? 3.9m
'Ensuite 2 2.3m ? 1.8m
'Study 2.1m ? 3.9m
'Guest bathroom 0.9m ? 2.0m
'Balcony 7.0m2
'City Centre
'Available Now - Best Investment Opportunity
An opportunity not to be missed. Please do not hesitate to call on 0208 090 4082 or WhatsApp: 07377158224.

Tenure: Leasehold (999 years)

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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

£ 5283950

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
    £ 150000
  • 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

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£

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

£ 783950
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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