2 bedroom apartment for sale

£650,000

2

Bedrooms

2

Bathrooms

Floorplan

This spacious two-bedroom apartment is set on the fourth floor of Baltimore House within the sought-after Riverside West development. Presented in excellent condition throughout, the property offers two well-proportioned double bedrooms, both with fitted storage, and two bathrooms, including a principal en suite.

The bright reception room opens onto a private balcony with attractive river views, while a contemporary kitchen, separated from the living space by sleek pocket doors, adds both style and practicality.

Residents of Riverside West enjoy a range of amenities, including secure underground parking, a 24-hour concierge service, and access to a private residents gym.

The property is offered with no onward chain and benefits from a long lease of 999 years from 1 November 2004.

Location

Baltimore House is situated within the highly desirable Battersea Reach development on Juniper Drive, nestled on the banks of the River Thames in SW18. This riverside address affords a rare combination of peaceful waterside ambiance and excellent connectivity to central London.

Wandsworth Town station is within easy walking distance, providing frequent rail services to Waterloo (approx. 10-15 minutes) and convenient onward connections to the Victoria line at Vauxhall. Clapham Junction is also close by, offering extensive rail links across the capital, while river transport options and local bus routes serve Battersea and Wandsworth with ease.

Road access is strong, with the A3/M3 corridor readily accessible and nearby river crossings such as Wandsworth Bridge connecting to areas north of the Thames.

As part of the Battersea Reach development, residents benefit from 24-hour concierge, on-site gym and fitness facilities, and secure underground parking. Everyday conveniences are close at hand, including a Tesco Express, riverside cafes, restaurants and bars, plus local shops and services. The nearby Old York Road conservation area offers a charming high street feel with independent cafs and boutiques, while the Thames Path provides attractive riverside walks both east toward central London and west into Battersea and beyond.

Map location is not available for this property.

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

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Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • 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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