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£550,000
Bedrooms
Bathrooms
Forming part of this attractive waterside complex, where modern living meets the tranquillity of nature. Nestled on the banks of the picturesque Stanstead Mill Stream, minutes from Victoria Park and Hackney Wick is this 1,099 Sq/Ft, two bedroom, two bathroom apartment offering the perfect blend of comfort, convenience, and stunning views.
Upon entering this extraordinary large, two bedroom apartment, youll be greeted by a spacious, open-concept living area, flooded with natural light. Large floor-to-ceiling windows provide stunning vistas of the meandering River. The neutral colour palette and finishes create a versatile canvas for you to personalize and make your own. The apartment has a fully equipped kitchen, complete with integrated appliances, ample cabinet and counter top space.
The apartment features two lavishly sized bedrooms (one with Ensuite) and floor to ceiling height windows. These bedrooms are your peaceful retreat after a long day, offering ample space to unwind.
The apartment includes two bathrooms, featuring contemporary fixtures and a soothing colour palette.
Step outside to your private balcony, the perfect spot to sip your morning coffee or unwind with a glass of wine in the evening. This outdoor space is a true sanctuary in the midst of the bustling world.
At Riverside Apartments, youll have access to a range of community amenities, including a landscaped grounds/picnic areas, walking trails along the riverbank and canals. Theres also a concierge service to cater to your needs, providing you with convenience and peace of mind.
Wick Lane is on the fringes of Hackney Wick, which is now a thriving, cultural creative hub comprising independent cafes, bars and warehouse pop-up art galleries, this energetic neighbourhood will be a truly inspiring place to live. Ideal for both budding entrepreneurs and anyone looking to embrace the creative vibe of this hidden gem. The apartment is also located minutes from the beautiful Victoria Park, with Victoria Park Villages pubs and delis just a short walk away.
Transport links include nearby Hackney Wick (Overground), Stratford and Stratford International (major hub including Central Line, Elizabeth Line and Javelin line for Kings Cross St Pancras in just 7 minutes) ) Pudding Mill Lane (DLR), all allowing for swift access to the City and Canary Wharf.
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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