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The Hubb Business Centre, 351, Rainham Road South, Dagenham, RM10 8QR
£320,000 OIRO
Bedrooms
Bathrooms
Stunning 1-Bedroom Flat for Sale in Old Kent Road, South East London Location: Old Kent Road, SE1, South East London Welcome to your new home! This beautifully presented 1-bedroom flat, situated on the vibrant Old Kent Road, offers an exceptional blend of modern living and convenience. Perfect for first-time buyers, professionals, or investors, this property boasts a prime location with excellent transport links and a wealth of local amenities right at your doorstep. Key Features: Spacious Living Area: The bright and airy living room provides ample space for relaxation and entertainment, featuring large windows that flood the space with natural light. Modern Kitchen: The contemporary kitchen is fully equipped with integrated appliances, sleek countertops, and plenty of storage, making it perfect for culinary enthusiasts. Comfortable Bedroom: The generously sized bedroom offers a peaceful retreat with built-in wardrobes, providing ample storage for all your belongings. Stylish Bathroom: A well-appointed bathroom featuring modern fixtures and fittings, including a bathtub and shower combination, ensuring a luxurious experience. Excellent Transport Links: Conveniently located close to major transport links, including bus routes and nearby tube stations, making commuting a breeze and providing easy access to Central London and beyond. Local Amenities: Enjoy the vibrant local community with a range of shops, supermarkets, cafes, restaurants, and parks within walking distance, catering to all your daily needs and leisure activities. Secure Entry System: The property benefits from a secure entry system, providing peace of mind and ensuring a safe living environment. Energy Efficient: With modern insulation and heating systems, this flat is designed to be energy efficient, helping to reduce your carbon footprint and utility bills. Don't miss this opportunity to own a fantastic 1-bedroom flat in a sought-after location. Contact us today to arrange a viewing and take the first step towards making this beautiful property your new home! Borough: Southwark Council Tax Band: B EPC: C Leasehold with 164 years remaining No ground Rent Service Charge 1,600 per annum
New Home: Non New Home
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.
The Hubb Business Centre, 351, Rainham Road South, Dagenham, RM10 8QR
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