Situated on the 2nd floor of a purpose built block, this apartment has been completely renovated throughout to maximise the space to its most practical. This includes the incorporation of plenty of storage within the entrance hall (3 cupboards) as well as built-in wardrobes within the bedrooms. Refurbishment also included new wiring and cables.
The flat itself boasts large amounts of living space throughout; consisting of 2 double bedrooms, 2 bathrooms (1 is en-suite), large living room and a separate modern kitchen.
The property was originally a 3 bed, with a wall removed to create a larger living room. But if a 3rd bedroom was required, this can easily be reinstated (subject to approval)
Other benefits this stunning flat provides include sound proofing under the engineered wood flooring, marble worktops, dual aspect views from the bedrooms as well as a private balcony.
In addition, there is an on-site porter within the building plus heating and hot water are included within the service fees. There's also works due to begin to completely overhaul and renovate the communal areas both internally and externally (works have already been paid for and started)
In terms of location, you have several schools and parks nearby, as well as all the shopping and transport amenities of Golders Green just 10mins walk away
Viewings highly recommended for this exceptional flat
Tenure - Share of freehold
Underlying Lease - Approx. 974yrs
Service Charge - Approx. £3,300pa
Tenure : Share of Freehold
Council Tax Band : E
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
