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£649,950
Bedrooms
Bathrooms
A dual aspect apartment with over 1,000 square foot embodies Waterside Living at Its Best | Spacious Chain-Free Sub-Penthouse with River Views, Large Balcony & Parking | Pierhead Lock, Canary Wharf
Positioned on the upper floors of the highly regarded Pierhead Lock development, this superb two-bedroom, two-bathroom sub-penthouse offers a well-designed living space, including a beautifully refurbished separate kitchen, direct river views, and secure underground parking.
The spacious reception room opens onto a large private balcony overlooking the River Thames-perfect for relaxing or entertaining against a serene riverside backdrop. A sleek and modern kitchen, recently refurbished, offers quality appliances and plenty of storage.
Both bedrooms are generously proportioned, with the principal bedroom featuring built-in wardrobes and a stylish en-suite shower room.The second contemporary family bathroom features a large jacuzzi bath with overhead shower, toilet and twin sinks each with their own mirrored vanity unit.
This Apartment, with its peaceful, tranquil and stunning waterside views, is located just steps away from the incredible amenities of Canary Wharf and the vibrant new district of Wood Wharf.
Highlights include:
1. Offered chain-free
2. Secure underground parking included
3. Large private river-facing balcony
4. Beautifully refurbished separate kitchen
5. Lift access and immaculate communal areas
6. Excellent transport connections via the Jubilee and Elizabeth Lines, DLR, Thames Clippers, and City Airport
7. A short stroll to Canary Wharfs bars, restaurants, shops, galleries, and waterside parks
8. Access to the new Wood Wharf district, with its outstanding new primary school, GP surgery, and family-friendly amenities
Canary Wharf is home to some of Londons most efficient and convenient transport links. The newly built Elizabeth Line station connects you to Liverpool Street in just six minutes, Paddington in seventeen minutes, and Heathrow Airport in under 45 minutes. The nearby DLR and Jubilee Line ensure fast access to the West End, the City, and beyond.
Vendors Comments:
I recall reading about the development of Canary Wharf as a teenager and thinking-its somewhere Id love to be. When I moved to London to work, I rented around the Isle of Dogs, but never imagined Id one day own a home with such beautiful waterside views and such easy access to every amenity I could ask for.
'Over the years, the transport links only got better-super fast and well-connected-without ever disturbing the peace of my riverside surroundings. Wood Wharf has added a new dimension to life here, making the area more family-friendly and community focused. The culture, energy, and investment in the area has made it one of Londons best places to live, and the friendly spirit among neighbours at Pierhead Lock is something truly special. Ill miss it deeply.'
Lease length. Approx. 960 years remaining
Service charge. Approx. 3,200 - 3,600 semi-annual (twice a year)
Ground rent. Approx. 150
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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