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96 Norman Crescent, Pinner, HA5 3QJ
£324,950
Bedrooms
Bathrooms
Reception
For Sale 324,950
Floriston Court, Northolt, London UB5 4JX
Two-Bedroom Leasehold Apartment | 131-Year Lease
An excellent opportunity to acquire this well-presented two-bedroom apartment situated in the popular Floriston Court development in Northolt. The property offers well-proportioned living space, modern interiors, and a long leaseideal for first-time buyers, investors, or those seeking a convenient London base.
Accommodation Comprises:
Hallway 8.6ft x 6.3ft: Spacious entrance with access to all rooms.
Reception Room 15ft x 11.5ft: Bright and well-sized living area, ideal for both relaxation and entertaining.
Kitchen 9.3ft x 8.5ft: Fitted kitchen with ample storage and workspace.
Bedroom One 12ft x 10.1ft: Generous double bedroom.
Bedroom Two 8.5ft x 7.7ft: Suitable as a guest room, study, or childs bedroom.
Key Features:
Leasehold with approximately131 years remaining
Ground Rent: 200 per annum
Service Charge: 700 per annum
Secure entry system
Well-maintained communal areas
Excellent transport links and access to local amenities
Location:
Floriston Court is located in a quiet, well-connected area of Northolt, with convenient access to Northolt Underground Station (Central Line), the A40, and a range of local shops, schools, and green spaces.
Council Tax Band: C
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.
96 Norman Crescent, Pinner, HA5 3QJ
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