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Streatleigh Parade 5-7Streatham High Road, Streatham London
£625,000 Guide Price
Bedrooms
Bathrooms
Welcome to this gem of an apartment in Gaumont Place, a stunning two-bedroom, two-bathroom apartment located in the heart of Streatham. Boasting a generous 811 square feet of modern living space, this property offers the perfect combination of comfort, convenience, and style.
The apartment features two spacious double bedrooms, with the main bedroom benefiting from an en-suite bathroom for added privacy and luxury. The open-plan living area is filled with natural light, thanks to the wrap-around terrace that offers a peaceful outdoor space, perfect for relaxing or entertaining.
Residents of Gaumont Place also enjoy access to beautifully maintained communal gardens, a 24-hour concierge service, fully equipped residents gym and secure parking. The property is well-served by a lift for ease of access, ensuring convenience.
Ideally located just moments from Streatham Hill Station, this apartment is perfectly placed for easy commuting into central London. With a wide array of local amenities, including shops, cafes, and restaurants, all within walking distance, there is everything needed right on the doorstep.
This exceptional apartment is a true gem in a prime location, offering the perfect blend of modern living and convenience. Offered to the market with no onward chain.
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.
Streatleigh Parade 5-7Streatham High Road, Streatham London
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