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713 Cranbrook Rd, Ilford, IG2 6RJ
£775,000
Bedrooms
Bathrooms
Reception
We are delighted to present this top floor duplex apartment set within one of the most sought-after developments in the Millenium Quay. Boasting two large roof terraces and additional balcony, this three large double bedroom, two bathroom and two reception apartment is not to be missed.
Located within touching distance of the Greenwich stations and DLR, this property is perfectly situated for professionals, families and commuters.
Benefitting from expansive proportions, this split-level property boasts three large double bedrooms, a very large open plan kitchen-diner, with stairs leading to a roof-top lounge with dual access to both roof terraces, on opposite sides of the flat.
Secure underground parking.
Located in the heart of Greenwich, Meridian Point offers a unique opportunity for those seeking a modern urban lifestyle. Ample space for both relaxation and entertainment. The kitchen is equipped with modern appliances and sleek cabinetry, offering a functional space for culinary activities.
One of the standout features of this Duplex Apartment is the expansive terrace, which offers panoramic views of the cityscape. This outdoor space is ideal for enjoying the fresh air and can accommodate outdoor furniture for al fresco dining or relaxation.
The area is known for its vibrant community and historical landmarks, making it a desirable place to live.
The Apartment is allowing new owners to personalize the space to their taste. The building also offers secure entry and lift access, ensuring convenience and safety for residents.
Council tax Band : D . EPC Rating : B, Local Authorities:Royal Borough of Greenwich.
Contact us to arrange a viewing.
Agents Note (Lease Etc) - The above details have been provided in good faith and will need to be verified by the respective solicitors.
Cranbrook Lettings Ltd is the sellers agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Please note that a sale cannot be formally agreed, and a memorandum of sale cannot be issued, until all parties have provided valid identification and the verification process has been successfully completed.
Map location is not available for this property.
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.
713 Cranbrook Rd, Ilford, IG2 6RJ
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