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£850,000 Guide Price
Bedrooms
Bathrooms
''''GUIDE PRICE 850,000 - 900,000''''
Stunning Three Bedroom Penthouse with Breathtaking Views -Lock Side Way, E16
Experience luxury living at its finest in this exceptional three bedroom penthouse located in the heart of Lock Side Way, E16. This remarkable property boasts an open-plan kitchen, dining, and living area with sleek finishes and plenty of space for entertaining. French doors seamlessly lead out to an incredible rooftop terrace that offers an oasis of relaxation. Equipped with a sauna, jacuzzi, sun loungers, and Astro grass, this private retreat provides the perfect space to unwind while enjoying breathtaking, panoramic views that are truly out of this world.
The property features a grand hallway that sets the tone for the elegance throughout. The three well-appointed bedrooms include a luxurious master suite with an en-suite bathroom, while a stylish family bathroom and ample storage space complete the accommodation.
Flooded with natural light, this bright and airy penthouse offers an impressive sense of space and tranquility. Located in a prime area, the property is just a stones throw from local amenities, fantastic restaurants, and charming cafes, ensuring everything you need is right at your doorstep.
This property is a dream home and an absolute must view. Dont miss the opportunity to experience penthouse living at its best.
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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