2 bed flat for sale Regents Court, Stonegrove, Edgware, HA8

2 beds 1 bath Flat

Tenure: ask agent

Added today

About this property

An excellent opportunity to acquire a well-presented apartment within the sought-after Regents Court development, offered to the market with a reliable tenant in situ and providing an immediate rental income from completion. Currently generating £1,400 per calendar month, the property offers an approximate 5.6% gross rental yield based on the asking price, making it an attractive proposition for buy-to-let investors looking for a ready-made investment.

Key features

Chain Free
Two Double Bedrooms
Share of Freehold
Seperate Kitchen
Long Lease over 900 years
Garage En-Bloc
Communal Gardens
Within the Eruv
Walking distance to local transport/shops

Floorplan

Location

Regents Court, Stonegrove, Edgware, HA8

Open map Street View

Council tax band: Ask agent

Mortgage and stamp duty

Property price £300,000

£150k £450k

Deposit10% £30,000

£0 £300k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £270,000 mortgage. Most lenders would want a household income of about £60,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.