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106 St. John Street, Farringdon London
£900,000 Offers in excess of
Bedrooms
Bathrooms
A beautifully presented two bedroom apartment in this iconic Zigguart Building in the heart of Farringdon.
Boasting high ceilings and authentic warehouse features such as exposed brickwork, cement columns and Crittall windows, this chic and stylish flat is ideal for anyone looking for the East Central London lifestyle. Totalling approximately 975 square feet the property comprises an open-plan reception/dining room and kitchen space, ideal for entertaining and relaxing whilst the main bedroom offers an en-suite bathroom with cabinets and wardrobe space (both Neatsmith branded), whilst the second bedroom functions as a study/guest room. There is a second shower room off the entrance hallway for guests as well as the second bedroom too. The flat further benefits from a Loxone system which is an app for operating automated heating, blinds and lighting.
The apartment benefits from a daytime concierge and lift access, no onward chain and a 970-year lease.
The nearest transport link is Farringdon Station, which is approximately 0.2 miles away, travelling around London could not be easier! Farringdon offers access to the Elizabeth line, Hammersmith and City and Metropolitan Line, in addition to overground services which provide easy access to Gatwick and Luton Airports.
Clerkenwell is home to some of Londons finest gastro pubs, Michelin starred restaurants and a plethora of cafs and eateries. It is also going to benefit from the dramatic investment going into the nearby Smithfield Meat Market where there are plans to develop this beautiful and historic structure into a new Covent Garden styled Piazza with a mixed-use site which will include the new Museum of London, events space and a series of shops and restaurants.
Map location is not available for this property.
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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