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£1,150,000
Bedrooms
Bathrooms
This fantastic apartment is set on the 4th floor of Tea Trade Wharf. A large hallway greets you upon entry before leading you through into the main reception room. With sufficient room for a large lounge and a dining area it is an impressive space with direct access to the apartments two private balconies through floor-to-ceiling glazed doors. The property is perfectly located in the building, on an upper floor, on the dockside of the building where it is quieter than on the front, but also towards the mouth of the dock, so it benefits from full river views all the way up to Canary Wharf and which are southerly facing so enjoy the sun for much of the day.
Set off from the main reception room is a beautifully refurbished, high specification kitchen with fully integrated high end appliances and plentiful storage space.
The property is excellently appointed throughout, with a guest bathroom accessed from central hallway of the property, two large double bedrooms both with excellent built-in wardrobes and a spacious ensuite bathroom in the principle suite. There is further built-in storage, in addition to the wardrobes, in both the principle suite and the living room.
Tea Trade Wharf is one of the most sought-after residences on the Shad Thames waterfront, next to Tower Bridge, and impresses from start to finish. There is a stunning lobby which houses the 24-hour concierge and security team.
Residents have use of the gym and swimming pool a couple of minutes walk away at Cayenne Court.
The property comes with a secure off-street parking space in the 24-hr attended Q Park just around the corner.
There are a number of popular cafes, restaurants, shops and gyms in Shad Thames and close to the apartment. It is a friendly, quiet residential area, despite being very central, and only a short walk to London Bridge stations, Borough Market and across Tower Bridge to the City.
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Chain free sale
Long lease with 975 years remaining
Latest annual service charge 10,315
Annual ground rent 300
Southwark Council Tax Band G
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.
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