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£525,000 Offers in excess of
Bedrooms
Bathrooms
This stylish two-bedroom flat features a bright and spacious open-plan kitchen and reception room, complemented by sleek engineered wood flooring throughout. The contemporary kitchen is both elegant and functional, offering a range of wall and base units along with integrated appliances. The reception area is flooded with natural light, and double doors open onto a private balconyperfect for relaxing or entertaining.
Both bedrooms are generous doubles, finished with engineered wood flooring and double-glazed windows for comfort and efficiency. The master bedroom benefits from a built-in wardrobe and a modern en suite shower room. A separate, stylish main bathroom is fitted with contemporary fixtures and high-quality finishes.
Residents also enjoy access to a communal roof terrace, offering additional outdoor space with panoramic viewsideal for socialising or unwinding in the open air.
Tooting High Street is in the vibrant heart of Tooting, known for its diverse dining scene, lively bars, and the popular Tooting Market. The area offers great amenities, including a gym below the property and the UKs largest lido nearby. Tooting Broadway Tube Station (0.4 miles) is nearby, providing fast connections to central London via the Northern Line. The area is also well-served by local bus routes, offering convenient links to surrounding areas. Popular among young professionals and families, Tooting balances urban convenience with green spaces, offering a dynamic and well-connected lifestyle with a strong community feel.
Wandsworth Council Tax Band: D
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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