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106 St. John Street, Farringdon London
£2,250,000
Bedrooms
Bathrooms
A rare opportunity to acquire a truly stunning Grade II listed house, perfectly positioned on the highly sought-after Lloyd Baker Street, one of Clerkenwells most desirable and characterful addresses.
Walking into the house, one is immediately greeted with a sense of homeliness and natural light that runs throughout the entire house. Off the entrance hallway is the spacious kitchen/diner overlooking the leafy garden which can be closed off from the front sitting room with its large sash windows, high ceilings, original cornicing, and fireplace. When the rooms are open and connected, the dual aspect really leaves the space a joy to spend time in.
Downstairs, on the landing is a utility room/laundry room and a WC before heading further downstairs to the lower ground which comprises a large downstairs shower room, large bedroom to the rear which leads out onto an extension which currently operates as an art studio but could easily be a home office or en-suite bathroom if desired. To the front is a second reception room/guest bedroom and access to the front lightwell and former coal chambers for storage. To the rear of the house is a large mature and landscaped garden with a beautiful water feature offering a tranquil space to enjoy.
The first floor comprises two large bedrooms each offering built-in storage, the primary of which boasts an en-suite shower room. Whilst upstairs is a separate shower room/WC
Rarely do homes of this calibre become available in such a coveted location. This is a property that truly needs to be seen to be fully appreciated.
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.
106 St. John Street, Farringdon London
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