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£1,100,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1,100,000 to 1,200,000
Ashley King Estate Agents Canary Wharf, are delighted to presennt this stunning 3 bedroom 3 bathroom triple aspect apartment, set up high on the 22nd floor offering panaramic views over Canary Wharf, City of London, River Thames and beyond.
Spread over 1540 Sq Feet living accomodation, this three double bedroom apartment offers great living space with 2 en-suites, one master bathroom suite and ample storage throughout. The property also benifits from a secure underground allocated parking space with storage.
The development features operable louvered winter gardens and underfloor heating and comfort cooling throughout. The kitchen is fitted with Integrated Siemens appliances. The property features a 24 hour concierge service, landscaped private residents garden area & Gym, and is situated just 0.3 miles to South Quay DLR. The property is equipped with gigabit internet and a wired LAN (as well as WiFi) allowing for ultra HD TV streaming and high speed downloads, ideal for those working from home.
LOCATION:
Within easy reach of both South Quay and Isle of Dogs DLR Stations & Canary Wharf Jubilee line and Crossrail (Queen Elizabeth Line), this property also benefits from a close proximity to the centre of Canary Wharf where an array of bars, restaurants and shops can be found.
TENURE: Leasehold
LEASE: 999 YEARS FROM 2016 (992 years remaining)
SERVICE CHARGE: PCM
GROUND RENT: P/a
Total Sq Ft: Approx. 1540 Sq. ft
Local Authority: Tower Hamlets
EPC rating: B
COUNCIL TAX BAND:
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.
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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