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137 Junction Road, Archway, NW5 3EW
£1,200,000
Bedrooms
Bathrooms
Reception
Anthology Hoxton Press boasts a selection of studios, 1 and 2 bedroom apartments as well as 3 bedroom penthouses, situated in the heart of Hoxton, London.
The spacious apartments are all designed with the bedrooms and living areas set on the outer perimeter to maximise incoming sunlight throughout - and with exceptional specifications, stylish interiors, a large private wraparound balcony and breath-taking panoramic views over the capital.
All apartments are arranged with living spaces and bedrooms in the outer area to take advantage of windows and balconies. The column -free corners allow unobstructed views across Hoxton. Kitchens and bathrooms have a central position in the apartments allowing privacy from the outside. With plenty of integrated storage, clutter can be kept to a minimum.
Hoxton is within 20 minutes of Liverpool Street, Kings Cross and London Bridge all within 20 minutes reach. Home to an incredible number of artists' studios, design and tech businesses and world-class galleries, Hoxton is a stimulating place to live and work.
*ALL PICTURES SHOWN ARE FOR ILLUSTRATION PURPOSES ONLY. THE ACTUAL PROPERTY MAY VARY DUE TO PRODUCT ENHANCEMENT*
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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