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£2,000,000 Guide Price
Bedrooms
Bathrooms
Occupying the third and fourth floors at the front of the building, this south-east and south-west-facing duplex penthouse apartment enjoys extensive views over Vincent Square. The spacious sitting room/dining room leads from the reception hall and benefits from natural light on two sides with glazed doors leading to the terrace overlooking the mature trees and playing fields of Vincent Square.
The breakfasting kitchen is fully fitted and equipped with Siemens and Gaggenau appliances and also benefits from direct south-easterly sunlight and views of the greenery of the Square. A guest cloakroom and study or third bedroom are also situated on this floor.
The master bedroom, a second double bedroom and family bathroom all lead from the fourth floor landing, both bedrooms benefitting from feature windows with an open aspect facing south-west and overlooking the developments communal gardens. The main bedroom has a large ensuite shower room/WC and ample wardrobe and cupboard space.
Please note some of the photos have been Virtually staged
Leasehold plus Share of Freehold. 983 years remaining on lease. Service Charge aprox 13,000 per annum (including a contribution to the sinking fund)
Setting the scene
Vincent Square may not be well known to many Londoners but its unique qualities of peace and tranquillity are much appreciated by those lucky enough to be living there. Leaving behind the bustle of Vauxhall Bridge Road and Rochester Row, the mood changes as one enters the Square. The imposing presence of mature London plane trees helps slow the tempo around the 13 acres (5 hectares) of private playing fields. The well-tended cricket pitches and tennis courts, and lack of through traffic create a calmer atmosphere. The sound of willow striking leather on a summer afternoon reminds us that life - and English cricket - goes on regardless, wherever we are.
Originally part of the Rochester Row Police Station and Magistrates Court and now known as Number 68, this building was completely re-constructed as a quality residential development less than 20 years ago. This development is now regarded as one of the most prestigious residential addresses in Westminster.
On being greeted by the Concierge in the spacious reception and visitors lounge of 68 Vincent Square, the first impressions are of high standards and good order.
The only way to fully appreciate the privacy, tranquillity and seclusion of this delightful property is by arranging a personal viewing via the sole selling agents, Fine & Country Belgravia
Sellers Insight
We have always appreciated our apartment at 68 Vincent Square as a place of quiet calm within the heart of Central London. We can look out over a huge green space yet still have easy access to the hustle and bustle of the West End within a few minutes walk.
Perfectly located within easy reach of Belgravia, Chelsea and Mayfair and nestled between Londons best parks: St James Park, Hyde Park, Green Park and Battersea Park. Excellent local bars, cafes and restaurants and a choice of theatres and the multi-screen cinema, all of which are benefiting from Victorias continuing development.
The flat has a relaxed feel and is a sanctuary in the heart of town. Underfloor heating gives a cosy feel in the winter months. The terrace and large windows make it light and airy in summer. The third bedroom makes an ideal home office.
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Step Outside
Local Amenities
Tennis Courts: Residents of 68 VS can join the Vincent Square Residents Association and for a modest annual subscription can use the tennis courts when not required by Westminster School.
Transport: Train and tube lines from Victoria travel hub (6 minutes walk away) serving the West End, Canary Wharf, the City, Heathrow and Gatwick Airports and most London main-line train terminals.
Education: Westminster School and Under School, Eaton Square School, Westminster Cathedral Choir School and Greycoat Hospital School. Also easy access to many London universities and colleges, including the Chelsea College of Art & Design.
Health: St Thomas and Guys NHS Hospitals within easy reach, and the Cleveland Clinic, a world-renowned centre of research and clinical excellence less than a mile away.
Restaurants within a short walk:
The Ivy this branch of the world-renowned eatery is no more than 6 minutes walk from Vincent Square. Situated at 66 Victoria Street and offering a superb range of haute cuisine at lunchtimes and evenings, this prestigious eating house is already at the top of many local residents wish-list.
A Wong: Chinese (2' Michelin) - 70, Wilton Road, Pimlico, SW1V 1DE Lorne: A relaxed eatery offering modern, seasonal British dishes - 76 Wilton Road, Pimlico SW1V 1DE
Cinnamon Club: Indian The Old Victorian Library, Great Smith Street, Westminster SW1P 3BU
Iberica: Spanish/Tapas for the true taste of Spain - Zig-Zag Building, 68 Victoria Street, SW1E 6SQ
About Thyme: European dishes or bright bistro downstairs 82 Wilton Road, Pimlico SW1V 1DL Gustoso: A modern Trattoria serving home-made pasta 35 Willow Place, Westminster, SW1P 1JH
The Vincent Rooms Kingsway Catering College, 76 Vincent Square lunch and pre-theatre dining Leisure and Entertainment - Walking distance to Theatreland, Chinatown, the Royal Parks, the River Thames and the London Eye.
Theatres & Cinema in SW1: Palace Theatre, Apollo Theatre, Victoria Palace Theatre, Curzon cinema
Places of Interest:
Buckingham Palace - within ten minutes walk of the daily Changing of the Guard. Public access (subject to booking) to some of Her Majestys State Rooms from July to October, the Queens Gallery and stables in the Royal Mews.
The Palace of Westminster - where the UK national government conducts its daily business. The public can sit in the Visitors Gallery and witness live debates across the floor of the House.
Westminster Abbey - The historical and world-renowned venue for royal weddings, coronations, state funerals, memorial services as well as Sunday services.
Tate Britain - A short walk from Vincent Square along Millbank on the bank of the River Thames. Entrance is free and there are exhibitions of a wide spectrum of artists work throughout the year.
Churchills War Rooms - Where Churchill and his war cabinet monitored the progress of the Battle of Britain and D-Day while sheltering from the bombs, doodle-bugs and V2 rockets.
Victoria Street - The main shopping street with a wide choice of places to eat, drink, shop, relax - or to simply perambulate.
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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