2 bedroom apartment for sale

£1,350,000

2

Bedrooms

2

Bathrooms

Floorplan

Set moments from the river within popular Boss House is this outstanding warehouse conversion. Boasting one of SE1s most enviable addresses, this premier, loft style apartment boasts an abundance of natural light and luxury living space throughout. Lovingly maintained by the current owners, this 1st floor apartment is offered in immaculate condition and finished to the highest of standards. Sympathetically designed with 1165 sq ft of flexible accommodation, this two double bedroom, two bathroom home is outstanding and really should be viewed to be fully appreciated.

On entering you discover a grand hallway that is a room in itself. Full length floor to ceiling wardrobes are discreet with a sleek aesthetic offering substantial storage options. Neutral tones are calming and offset against solid wood flooring. Widening further the hallway leads to the mightily impressive 26ft, dual aspect reception. High ceilings, exposed brickwork and three large original windows reveal the buildings rich industrial past. A beautiful room of the highest quality that easily divides into substantial seating and dining areas. Semi open to the hallway the sense of space is further enhanced. Bespoke shutters complete the look. The 12ft kitchen is separate, modern, and stylish, contemporary fixtures and fittings strike the perfect balance between modern and period features. Offering ample room for a breakfast bar it is a social space and will certainly appeal to those looking for a separation from the main reception. The bedrooms are both impressive, quiet, calm and of a size rarely seen. The master extends to 16ft, rich in character and incorporates generous fitted storage and a large ensuite that is both contemporary and practical. Bedroom two is larger than most at just shy of 13ft and again boasts exposed brickwork. The master bathroom is sumptuous, elegant, and very much in keeping with the quality throughout. Further benefits include a long standing and much-loved concierge service, secure entry, lift access and the rarity that is a secure underground parking space.

Boss House is a secure, gated development of some renown that offers the perfect location for those looking to enjoy a unique village lifestyle within Shad Thames and central SE1. Moments from the Thames waterfront the location matches the quality of the apartment. The delights of Shad Thames, London Bridge and the Southbank could not be more accessible. Transport links are fantastic with London Bridge station just a short walk away. A uniquely styled apartment of genuine quality.

Lease Length: 96 Years
Service Charge: 8,005 pa
Ground Rent: 10 pa
Energy Efficiency Rating: C
Council Tax Band: F

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1125200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 33750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 112700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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