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33rd Floor,, London, E14 5LQ
£3,450,000
Bedrooms
Bathrooms
A stylish unique penthouse situated on the 35-th floor of this new development on such a prestigious location is available for sale.The property includes fully-fitted open plan kitchen/ reception room with an access to a vast private balcony,a large master bedroom with walk-in closet/dressing area,ensuite bathroom and its own balcony. The other 2 bedrooms(one with an ensuite bathroom apart from a family bathroom),feature engineered timber flooring, underfloor heating,fitted wardrobes .
The apartment stand out feature is its extremly large terrace, that adjoins the main living space with further outdoor experience provided by two additional balconies.
One of the unique features of the development is the green roof, which allows residents to grow their own produce and connect with nature. There is also a communal reading garden linking the tower with the pavilion, providing a peaceful and serene environment for residents to relax and unwind. Additionally, there is a play area for the under-fives, providing a safe and dedicated space for children to play and socialise.
Other amenities include bicycle spaces for everyone and parking spaces with an electric car charging port.
Overall, One The Elephant is well-connected to various transportation options(tube,bus,overground), making it easy for residents to get around London and beyond.
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.
33rd Floor,, London, E14 5LQ
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