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106 St. John Street, Farringdon London
£800,000
Bedrooms
Bathrooms
A spacious and well-proportioned two bedroom, two bathroom lower ground floor apartment with private outdoor space.
Measuring approximately 805 square feet (75 square meters), the property offers a well-balanced layout and plenty of natural light. The accommodation comprises a generous reception room with ample space for both living and dining, a separate fitted kitchen, a large principal bedroom with built-in storage and an en-suite shower room, a good-sized second double bedroom and a modern family bathroom. Additional storage cupboards are conveniently positioned throughout the flat.
The apartment enjoys its own small private garden space, perfect for morning coffee or evening relaxation, as well as access to beautifully maintained communal gardens. A designated parking space is also included, a rare benefit in this central location.
Situated in the prestigious Percy Circus, a quiet, tree-lined crescent known for its historic architecture, the property is ideally placed for access to Kings Cross St Pancras, Farringdon and Angel, offering superb transport links across London and beyond. The area boasts an array of cafes, restaurants and boutique shops, with the cultural delights of Clerkenwell and Bloomsbury close by.
With its generous proportions, private and communal outdoor spaces, parking and prime location, this apartment makes an exceptional home or investment in the heart of Central London.
'(Images with furniture are CGI to demonstrate how the space can be used.)
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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