1 bedroom apartment

£2,000,000

1

Bedrooms

1

Bathrooms

1

Reception

Maurice Louis are proud to offer this one bedroom flat situated in the heat of London at Lincoln Square, offering a blend of contemporary living and prime location. The property features one bedroom, one bathroom, and a reception room, providing a comfortable and functional living space. The kitchen is equipped with modern appliances, ensuring a seamless cooking experience. The bathroom is designed with high quality fixtures, offering a sleek and clean aesthetic.

Residents of Lincoln Square benefit from a range of exclusive amenities. The development includes a fully equipped gym, a luxurious swimming pool, and a private cinema room, providing ample opportunities for relaxation and entertainment. Additionally, there is a library and a billiards room, offering spaces for leisure and socializing.

The property also boasts a beautifully landscaped courtyard, providing a tranquil outdoor space within the bustling city. While there is no designated parking, the central location offers excellent transport links, making commuting and travel convenient.

Lincoln Square is ideally positioned to enjoy the cultural and historical landmarks of London. The area is home to numerous theatres, museums, and galleries, offering a rich array of cultural experiences. The nearby Covent Garden and Soho districts provide a vibrant selection of dining and shopping options.

The property has an Energy Efficiency Rating of B, with a current and potential score of 85, indicating lower running costs and a reduced environmental impact. This makes it an attractive option for those seeking an energy efficient home in a prime location. Overall, this one bedroom flat at Lincoln Square offers a unique opportunity to experience modern city living with access to a wide range of amenities and the cultural richness of London.

Nearest Stations:

0.26 miles
Chancery Lane
0.27 miles
Holborn
0.28 miles
Temple
0.45 miles
Covent Garden
0.48 miles
City Thameslink

Map location is not available for this property.

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

£ 1703950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 50000
  • 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

£ 203950
  • 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

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  %
£
  %

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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