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£1,300,000
Bedrooms
Bathrooms
This exquisite penthouse apartment spans an impressive 1,786 square feet. The property boasts an exceptionally bright and spacious reception room with a vaulted ceiling, enhancing the sense of space and light. The arched window at the front of the building provides fine views, adding to the charm and appeal of the living area, from the main reception room you will also find a large terrace sharing those same expansive views.
Located within Chasewood Park, a prestigious development, residents benefit from 7 acres of beautifully maintained communal gardens. The development also offers a range of luxurious amenities, including a swimming pool, gymnasium, steam room, and tennis court, ensuring a high standard of living and recreational opportunities.
Chasewood Park is conveniently located, just a 12-minute walk to Sudbury Hill Overground station and a 15-minute walk to Sudbury Hill Underground station, serviced by the Piccadilly Line. Additionally, a bus stop directly outside the development provides easy access to Harrow on the Hill Underground station, which is on the Metropolitan Line and Chiltern Line. For drivers, the A40 is a short drive away, offering an easy commute into central London or outwards to the M25 and onto Heathrow Airport.
Service Charge -12,000 PA
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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