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£475,000 Offers over
Bedrooms
Bathrooms
DESCRIPTION: Situated on the fifth floor of an impressive Thames side development on the Isle of Dogs, this two bedroom apartment benefits from a bright living space, underground parking, a sought-after Canary Wharf location and balcony with superb panoramic views, the property further boasts contemporary design and interior, secure parking, residents gym and 24hrs porter. This is a must see!
Reception room Presenting this spacious reception room with floor to ceiling patio doors leading to balcony, the reception room benefits from wood effect flooring under floor heating and neutral decor.
Kitchen A spacious fitted kitchen with a range of base and eye level units, granite effect laminated work surfaces fully integrated appliances including stainless steel oven, ceramic hob, fan extractor, microwave, dishwasher, washer / dryer and fridge freezer and amtico tiled flooring
Master Bedroom A well proportioned Master bedroom plush carpeted flooring, under floor heating, fitted wardrobes, double glazed windows and access to En-suite shower room
En-suite A contemporary 3 pcs en-suite shower room with a double shower cubicle wall mounted shower, WC, wash hand basin chrome mixer taps and under sink storage. Finished with amtico flooring throughout.
Bedroom two 161' x 811' Spacious second bedroom with laminated flooring, under floor heating, large double glazed windows, presented in a neutral decor.
Bathroom A modern 3-piece bathroom suite comprising of panelled bath with integrated chrome shower and glass screen, wall mounted shower, WC and wash hand basin, chrome mixer taps and under storage. The bathroom also benefits from amtico flooring throughout.
Balcony Spacious private balcony, accessed via the living room with side River Thames views.
Parking The property benefits from a secure allocated underground gated parking space
LOCATION Galaxy Building is situated within minutes walking distance to Canary Wharf and many of the elite shops, bars dock-side attractions and restaurants of Canary Wharf and West India Quay. Local transport links include Mudchute & Crossharbour (DLR) & Canary Wharf Station (Jubilee Line, Cross Rail & DLR) within a short walking distance as well as many quick routes into and out of London for the motorist.
Tenure: Leasehold
Lease: 125 years from 2000
SERVICE CHARGES: APPROX 4600 PA
Ground Rent: 340.00
Council Tax band: E
Council Tax: 1,857.76 2022/23
EPC: B
DISCLAIMER Disclaimer: Ashley King endeavour to advertise accurate representations of properties in descriptions, virtual tours and floor plans, however, they are intended as a guide only and interested parties must satisfy themselves by undertaking a personal inspection.
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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