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1st Floor , Brunswick House, Regent Park, 297-299 Kingston Road, , Leatherhead
£495,000
Bedrooms
Bathrooms
A 2 bedroom first floor apartment comprising; hall, sitting room with door leading to balcony, a fully fitted kitchen, master bedroom en-suite with shower room, bedroom two and a bathroom. The balcony gives views over the games lawn and towards the forest on the edge of the community.Charters offers diverse apartments and cottages within a 17-acre estate, with varying sizes and views. Our residents benefit from a wide array of amenities including art and craft activities, a nature trail, community gardening, and a clubhouse with a lounge and bistro, along with a bustling social calendar. Residents can enjoy both being part of the community and also the privacy of their own space. Extended family, friends, and pets are welcome, with a guest suite available. Charters Village is more than just your home; it is a place to belong and thrive. Its your community, and we are here to ensure that you and your loved ones make the most of your time spent here.
Service Charge: 10,993 per annum
Ground Rent: 300 per annum
Council Tax: 2,919 per annum (Tax Band E)
Lease Length: 114 years remaining
Owners of a Retirement Villages Lease are required to pay an assignment fee on re-sale of the property which is a maximum of 10% of the re-sale price of the property when it is re-sold.
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.
1st Floor , Brunswick House, Regent Park, 297-299 Kingston Road, , Leatherhead
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