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£1,900,000
Bedrooms
Bathrooms
AW Childs are delighted to present this exceptional three-bedroom apartment on the
32nd floor of Cromwell Tower, Barbican.
This Type 1A flat spans over 1,250 sq. ft. and was fully refurbished by the renowned
Thompson Brothers in 2021. Finished to the highest standard, the apartment offers
breathtaking east and north-facing views across the City, a spacious reception with dining
area, and a beautifully crafted kitchen with Miele and Siemens appliances.
All three bedrooms enjoy direct balcony access, with the principal suite featuring a walkin
wardrobe and luxury ensuite. The generous living space also opens onto a private
terrace, perfect for entertaining.
Cromwell Tower residents benefit from 24-hour concierge, landscaped gardens, cycle
storage, tennis courts and, of course, immediate access to the world-class Barbican Arts
Centre. Moorgate and Barbican stations (including the Elizabeth Line) are moments away,
providing rapid links across London.
Key Information
Leasehold: 173 years remaining (to 2197)
Service charge: 12,706 PA (2024/25 est., includes underfloor heating)
Ground rent: 10 PA
Council Tax: City of London, Band G (2,030 PA)
Vendors comments
Our family has owned this property since 2010, and it has been a much-loved pied-terre
for relatives visiting the UK. The short train journey from Gatwick to Farringdon has
always made it so easy, and whenever weve stayed weve loved how central and
accessible the Barbican is to every corner of London. A real highlight for us has been
the Barbican Centre, plus London Symphony Orchestra (LSO) at the end of Whitecross
Street. During the week, the Whitecross Street food market has also been one of those
hidden London treats weve always looked forward to.
We will be very sad to say goodbye, but happy in the knowledge that someone else will
now be able to enjoy not only the high-quality refurbishment carried out by the Thompson
Brothers, but also all the charm, convenience and culture that the Barbican and its
surrounding areas have to offer.
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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