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£975,000
Bedrooms
Bathrooms
Set within a contemporary development within the heart of Southwark is this exceptional, two bedroom, two bathroom penthouse apartment. Beautifully designed and refurbished with real attention to detail and offering an impressive 925 ft of luxury living, this apartment is simply outstanding on every level.
On entering the spacious tiled hallway has ample storage and provides access to all principal rooms. The heart of the apartment is the grand, double aspect 20ft open plan reception room. Bathed in natural light due to its South-Eastly aspect the room has a wonderful feel and ambience. The wide plank, engineered wood flooring adds to the genuine sense of quality. Sitting neatly to one side, dividing the space perfectly, the open plan kitchen is super stylish and sleek in design, and comes with top spec appliances including wifi connected steam oven and induction hob. A wonderful space to relax and entertain in, that also spills out onto a huge wrap around terrace with built in irrigation system, making it easy to create a city oasis and breathtaking 180 degree views of the city which can be enjoyed both inside and out. Outside space of this size is rare to say the least.
Both bedrooms are extensive, the master extending to just shy of 19t and boasting substantial fitted wardrobes, a large ensuite bathroom, and access out to that stunning terrace. Bedroom two is larger than most with built in storage maximising the space and is served by a beautiful shower room with tiles and rare polished plaster walls. All rooms and the terrace have built in speakers, perfect for entertaining. Lutron blinds are fitted throughout and electronically controlled so they be can easily set to open in the morning, allowing you to naturally wake with the light. There is air conditioning and wifi heating in the reception room and both bedrooms, and further smart home technology throughout, including multiple lighting options, all adding to your comfort and convenience. The current owner really has thought of everything!
Further benefits include 24 hour concierge, secure allocated parking, bicycle storage, lift access, secure entry and large communal courtyard.
130 Webber is an exclusive modern development, set within central SE1. The location is perfect for those looking to enjoy a unique village lifestyle within Central London. Attractions on your doorstep include the world renowned food market of Borough, theatre at the Old Vic, New Vic, Globe and Southwark Playhouse, and some of the best restaurants and watering holes that London has to offer, as well as popular Mercato Metropolitano that offers a huge host of delicious street food all under one roof. Transport links could not be better with Southwark, Waterloo, Blackfriars, London Bridge and Borough stations just a short walk away, offering both national rail and tube connections.
Lease 108 years, Service Charge 6,202.48pa, Ground Rent 500pa
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.
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