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257 Oakleigh Road North, N20 0DG
£525,000
Bedrooms
Bathrooms
Reception
Talbies are pleased to present this superbly situated, 1 double bedroom, 1st floor flat within this stunning Mansion Block.
The apartment itself has been completely renovated throughout, including new wood flooring and newly installed open-plan kitchen. There's also a double bedroom and fully tiled bathroom. In addition, the property benefits from a small private balcony and resident only parking (permit required).
Located next door to the world famous Abbey Road Studios, as well as a short walk from St Johns Wood & Maida Vale tube stations, this spacious property is extremely well connected for both transport and shopping facilities.
Viewings highly recommended
Tenure: Share of Freehold
Underlying lease: Approx. 993yrs
Service Charge: Approx. 3,000pa
Ground Rent: Approx. 100pa
Approx 409sq ft
Lounge
This is a good size lounge with newly laid wood flooring, spot lights and modern electric heaters. Sockets and cables have also already been installed ready for a TV
Open-Plan Kitchen
This beautiful, bran new kitchen has been finished to a very high standard. With plenty of soft-closing cupboards and drawers, as well as integrated appliances including a large frost-free fridge / freezer and oven with electric hobs and ceiling hung extractor hood. The washing machine is hidden away within a cupboard within the entrance hall. You can also access the private balcony from the kitchen area
Bedroom
The bedroom benefits from wood flooring and side facing window. The room consists of a wardrobe, bedside table and ottoman style bed for additional storage. Sockets and cables have also already been installed ready for a TV
Bathroom
The fully tiled bathroom consists of a WC, sink, wall-mounted, mirrored cabinet, heated towel rail and bathtub with overhead shower attachment
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.
257 Oakleigh Road North, N20 0DG
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