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£875,000 Guide Price
Bedrooms
Bathrooms
Guide Price - 875,000 to 925,000
Experience unparalleled city living in this exceptional four-bedroom, two-bathroom duplex penthouse, set within an impressive warehouse conversion in the heart of Whitechapel. Spanning over 1,300 sq. ft., this expansive Share Of Freehold home effortlessly combines industrial charm with contemporary elegance, offering an abundance of space, natural light, and stunning panoramic views.
Generous Living Space: Thoughtfully designed over two floors, this dual-aspect penthouse boasts an expansive open-plan living and dining area, perfect for entertaining or relaxing while enjoying the spectacular skyline views.
Four Spacious Bedrooms: Each bedroom is well-proportioned, providing ample storage and versatility to suit various lifestyle needs, whether for a growing family, professionals, or those in need of a dedicated home office.
Warehouse Character with 600 Sq. Ft. Private Terrace: Industrial-chic elements, including high ceilings and large windows, are complemented with a private terrace that presents breathtaking vistas of Londons iconic landmarks, offering an idyllic retreat for outdoor dining and leisure.
Prime Whitechapel Location: Nestled on Varden Street, this penthouse enjoys a superb East London setting, with excellent transport links, vibrant local amenities, and the upcoming Crossrail/Elizabeth Line, enhancing connectivity to the City, Canary Wharf, and beyond.
Share of Freehold - Offering piece of mind and control. Oversea the right to manage, have assurance the a service charge will not spiral out of control.
Development Opportunity - Potential to extend the top floor and create even more space. Design yourself the perfect penthouse.
This rare and extraordinary penthouse encapsulates the best of London living, blending heritage charm with a trendy modern vibe. Whether youre looking for an urban sanctuary or a stylish city retreat, this home is not to be missed.
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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