Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£800,000
Bedrooms
Bathrooms
Set within a contemporary, boutique style development of some quality is this outstanding, two bed, two bath penthouse apartment. Exceptionally designed with real attention to detail and offering 972 sq ft of luxury living this apartment is simply outstanding.
On entering a generous hallway provides ample storage and leads to the 20ft open plan reception room. Bathed in natural light due to its South Westerly aspect the room has a wonderful feel and ambiance, wide board solid wood flooring and black warehouse style windows add to the sense of quality and style. Sitting neatly in a corner and dividing the space perfectly, the open plan kitchen is sleek in design with high gloss units, Corian work surfaces and integrated Siemens appliances. A wonderful space to relax and entertain that also spills out onto a 25ft sun terrace. Both bedrooms are extensive, the master extending to just shy of 20ft in length and boasting substantial fitted wardrobes and large ensuite shower room. Bedroom two is larger than most and again has fitted storage and access to the large, luxury master bathroom. The specification for both bathrooms is impressive, fitted with Duravit sanitary ware and Italian tiling to the floor and walls. Further benefits include underfloor heating throughout, secure entry, lift access and bike storage.
Koops Mill is modern development constructed in 2015 and designed to an exacting standard. Set within a gated mews within central SE1 the location is perfect for those looking to enjoy a unique village lifestyle within Central London. Delights on your doorstep include Maltby Street market, Spa Terminus and some of the best restaurants, galleries, and watering holes that London has to offer. The delights of Shad Thames, Bermondsey Street and the River are just moments away. Transport links could not be better with Bermondsey and London Bridge stations just a short walk away. Offered chain free with an EWS1 A1 rating.
Lease term: SOFH, Service Charge 3,576.02P/Y, Ground Rent 50 P/Y, Energy Efficiency Rating: B; Council Tax Band E.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
