2 bedroom flat

£525,000

2

Bedrooms

1

Bathrooms

1

Reception

Floorplan

Nestled in the coveted Ladywell area, this two-bedroom, two-bathroom ground floor apartment is a masterpiece of design, meticulously crafted by the current owner. A testament to contemporary luxury and thoughtful architecture, this residence offers a harmonious blend of comfort and sophistication.

Upon entering, you are greeted by an open and airy living space, seamlessly connected to a ground floor extension boasting impressive bi-folding doors. The extension floods the interior with natural light, creating a welcoming ambiance and a visual connection to the exclusive private garden.

The garden, solely dedicated to this apartment, provides an oasis of tranquility in the heart of the city. Perfect for al fresco dining, entertaining, or simply enjoying a moment of solitude surrounded by lush greenery, this outdoor space is a rare find with potential to add a garden studio as an office, gym/yoga studio or workshop.

One of the standout features of this property is the meticulous attention to detail, including a comprehensive soundproofing system installed throughout the entire ceiling.

The interior showcases unique design features that set this apartment apart. The contemporary aesthetic is complemented by high-end finishes, creating a stylish and inviting atmosphere. The kitchen is a chef's delight, equipped with modern appliances and ample counter space.

The master bedroom is a retreat in itself, featuring an en-suite bathroom with marble tiles to the floor and main wall and large glazed door that frames picturesque views of the garden from the patio

The second bedroom is versatile, suitable for guests or as a home office, adapting to your lifestyle needs. Both bedrooms have build in wardrobe space.

Situated in the sought-after Ladywell area, this residence benefits from proximity to local amenities, trendy cafes, and green spaces. Excellent transport links connect you to the heart of the city and beyond, making it a practical choice for urban living.

Nearest Stations:

0.11 miles
Ladywell
0.67 miles
Crofton Park
0.74 miles
Catford Bridge
0.78 miles
Catford
0.79 miles
Lewisham

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 435825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 42075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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