North Finchley BMV Deal
About this property
REDUCED – NEEDS TO GO ASAP!
Marwood Court, 25 Gruneisen Road, London, N3 1LT
Property Overview:
- 2 Bed Flat | Share of Freehold
- Approx. 58sqm
- Allocated Parking
- Approx. 939 Year Lease
- No Ground Rent
- Service Charge Approx. £150pcm
Purchase Price: £350,000
Estimated Market Value: £410,000
Light Refurb: Approx. £15,000
Rental Income: Approx. £2,000pcm
Vendor Situation
Vendor originally wanted around £380,000 but has now agreed £350,000 for a quick disposal due to the property sitting vacant for a prolonged period.
Excellent North London location close to Ballards Lane, West Finchley and Finchley Central with strong long-term rental demand and transport links into Central London.
Important Note
Cash or bridging buyers preferred due to the speed required.
DM if interested before it's gone.
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
Speak to a broker