3 bedroom apartment for sale

£650,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Introducing a stunning three-bedroom, two-bathroom apartment situated in the heart of Limehouse, offering a perfect blend of contemporary living and scenic views. This luxurious apartment not only overlooks the peaceful Limehouse Cut Canal but also boasts a private southwest-facing balcony, providing breathtaking panoramic views of Canary Wharf and the surrounding skyline.

Generous Living Space: This apartment features a spacious open-plan living and dining area, ideal for relaxing and entertaining. Large floor-to-ceiling windows allow for abundant natural light, creating a bright and airy atmosphere throughout the day.

Three Spacious Bedrooms: The three well-sized bedrooms are designed for comfort and tranquility. The master bedroom comes with an elegant en-suite bathroom and built-in wardrobes, while the remaining bedrooms are equally well-appointed.

Two Modern Bathrooms: Both bathrooms are finished to an exceptional standard, featuring sleek fittings, high-quality materials, and stylish design, including the master en-suite for added convenience.

Private Southwest-Facing Balcony: The standout feature of this apartment is the large, private balcony, oriented southwest for all-day sunlight. Its the perfect spot to enjoy your morning coffee, dine al fresco, or unwind while soaking in the stunning views of Canary Wharf and the tranquil waters of the Limehouse Cut Canal.

Prime Location: Located in the desirable Limehouse area, this property offers easy access to Canary Wharf, The City, and beyond. With Limehouse DLR station just moments away, commuting is convenient and efficient. The vibrant local community features excellent dining options, shops, and green spaces.

Modern, High-End Finishes: Every detail of this apartment exudes luxury, from the top-quality appliances in the fully-fitted kitchen to the chic dcor and premium finishes throughout.

This exceptional apartment offers an unbeatable combination of space, style, and views, enhanced by the added luxury of a private southwest-facing balcony. Perfect for professionals, families, or investors, it promises a peaceful yet connected lifestyle in one of Londons most desirable areas.



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 538950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 51450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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