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61 Praed Street, W2 1NS
£1,600,000 Guide Price
Bedrooms
Bathrooms
Reception
Experience unparalleled convenience and urban vibrancy with our 3-bedroom modern flat in Hammersmith, nestled just steps away from Hammersmith Station. This exceptional residence not only features a spacious living environment with a balcony in the master bedroom but is also situated adjacent to the lively High Street.
Three spacious king-size bedrooms with one of the bedroom with balcony await, each fitted with built-in wardrobes and space for the table and chair, three bathrooms with two en suite bathrooms, the open-plan kitchen, complete with a chic bar table, the expansive living room offers ample space for entertainment, while an additional dining area provides the perfect setting for family meals and also have a Juliet balcony in the living room to enjoy fresh air and city views.
This residence not only offers a spacious living environment with a huge living room but also places you in a highly sought-after school district, e.g Latymer Upper School and Latymer Prep School, ensuring the best educational opportunities for your family.
Indulge in the dynamic energy of city living, as Hammersmith King Street offers an array of amenities right at your doorstep. Enjoy diverse dining experiences with an abundance of restaurants and pubs, explore a variety of shops for shopping delights, and discover popular brands at the nearby supermarket and clothing stores like H&M, IKEA, artisan coffee shop Gail's Bakery, various of gym options including Pure Gym and Fitness First.
All furniture can be included or not included, vendor is flexible.
Consider buying the neighboring three-bedrooms flat, also for sale and owned by the same company. This exclusive opportunity allows you to have both apartments, ensuring enhanced privacy with the option living close to each other.
Furniture can be included or not included, the vendor is flexible.
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.
61 Praed Street, W2 1NS
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