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£790,000
Bedrooms
Bathrooms
Set within an outstanding modern built development within the heart of trendy Bermondsey is this exceptionally spacious, 5th floor, three double bedroom, two-bathroom luxury apartment. Offering an impressive 1026 sqft of flexible accommodation and three private balconies this superior apartment really is exceptional.
On entering a generous hallway provides substantial fitted storage. The dual aspect reception extends to 20ft and offers genuine wow factor. Open plan in layout the space neatly divides into substantial seating and dining areas and makes real hub for the home. Complementing the room, the luxury fitted kitchen sits neatly in a corner and is sleek and stylish, a central island with breakfast bar is a lovely additional detail. Natural bright due to its sunny Northwest aspect the room spills outside on to an outstanding 38ft balcony. A real suntrap with room to sit, dine alfresco and drink in the far-reaching views. All three bedrooms are great spaces and larger than most, ideal if you are considering letting out a room or two. The master is an exceptional space that extends to 17ft and incorporates large, fitted wardrobes a sumptuous ensuite bathroom and opens to another large private balcony. Bedroom two is larger than most at 12ft and again has access to a generous private balcony space. Bedroom three equally impressive at 13ft at its longest point. The family bathroom is contemporary, stylish, and very much in keeping with the quality throughout. Further benefits include secure video entry, lift access, bike storage and large communal gardens and community areas.
Dockley Apartments is a high-end development built for occupation in 2022. Located centrally and ideally placed to enjoy the delights of nearby Bermondsey Street, Shad Thames, Borough, Bermondsey Spa and Maltby Street market the location rivals the quality of the apartment. Furthermore, several locally renowned restaurants and shops offer further convenience long with the open green spaces of Spa and Southwark Park just moments away. Transport links are plentiful with both Bermondsey and London Bridge stations nearby, offering easy access to The City, Canary Wharf and West End. The locally renowned number 1 bus is literally on your doorstep taking you to Tottenham Court Road via Elephant and Waterloo. A wonderful home of real quality.
Lease Length: 996 Years, Service Charge: 4,000pa, Ground Rent 0.
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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