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£2,500,000
Bedrooms
Bathrooms
Discover a rare opportunity to own a collection of residential apartments in the sought-after Regency Court, London, E11. Theseluxurious apartments offer an impressive eight flats making it an exceptional investment for those seeking to add to their current portfolio. Priced at 2,500,000, this property presents an unrivaled chance to own a piece of prime real estate in a vibrant and thriving community.
Conveniently located within close proximity to a range of amenities, these apartments boasts a prime position with shops, supermarkets, and restaurants just a stones throw away. The property is also situated near the Leytonstone High Road Station (0.51km) and within walking distance of the Leytonstone High Road (0.54km) and Wanstead Park (1.26km) railway stations, ensuring seamless connectivity to the wider city and beyond.
Each apartment comprises of two good size bedrooms, seperatereception,fitted kitchen & bathroom. The property has a secure entrance and enjoys well maintained communal gardens and has the added benefit of air conditioning for those hot summer days.
The location of the apartments are within walking distance to local shops and supermarketswhile the vibrant culinary scene is showcased through nearby dining options.
Thiscollection of apartments also presents a fantastic opportunity for investors seeking a lucrative addition to their property portfolio. With its exceptional location and spacious interior, this property is an enticing prospect for those looking to secure a valuable asset in a thriving London community.
Currently generating a rental income of 115,000 pa.
Dont miss out on the chance to embrace this exceptional opportunity in a prosperous and vibrant area.
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.
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