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£485,000 Guide Price
Bedrooms
Bathrooms
Hue Homes presents this stunning three-bedroom flat in SE17 area near Elephant and Castle. Spacious and beautifully presented home in a quiet residential neighbourhood. The flat boasts three well-sized bedrooms, each designed to serve as a comfortable retreat from the citys buzz. The living room provides an inviting area to unwind, host friends, or enjoy family time. With large windows, the living space is flooded with natural light, enhancing its airy, open feel and creating a warm and welcoming ambiance. The flat is thoughtfully finished with contemporary fittings and neutral decor, making it ready for immediate enjoyment or easy customisation to suit personal taste.
Located in SE17, this flat benefits from its proximity to a dynamic blend of culture, convenience, and charm. Elephant and Castle is nearby, and the flat is surrounded by a range of cafes, eateries, and independent shops, making it a fantastic spot for food enthusiasts and shoppers alike. Commuting is effortless, thanks to excellent transport links that connect directly to Central London, with multiple bus routes, tube lines, and even cycling paths making the commute smooth and straightforward. Additionally, Burgess Park is nearby, where residents can enjoy picnics, morning jogs, or simply relax amidst nature. SE17 is a sought-after area for its blend of history, modern amenities, and a strong sense of community, making this flat a perfect choice for those looking to settle in a lively yet friendly London neighbourhood.
Lease Remaining: TBC
Service charge: Approx 3000pa
For viewings please contact the office. Video tour available on request
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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