3 bedroom flat for sale

£3,000,000

3

Bedrooms

4

Bathrooms

Floorplan

This unique & opulent property is one for the truly discerning individual who appreciates style, individuality & privacy. An architecturally-unique 3 bedroom, 4 bathroom, plus W/C quadruplex penthouse apartment, set over 4 floors from the 28th to the 31st in the highly sought-after Dollar Bay Point, a beautiful, landmark building superbly located in a commanding position at the apex of the South Dock of Canary Wharf & adjacent to Wood Wharf, Canary Wharfs newest neighbourhood.

The development is located a short dockside walk from Canary Wharfs business district & shopping centre, as well as the Jubilee Line station, Elizabeth Line station, & DLR station at South Quay. The penthouse at Dollar Bay Point boasts an uninterrupted aspect with panoramic views West & North encompassing Canary Wharfs landmark buildings, & The River Thames.

Accommodation includes: a welcoming entrance hall on the 28th floor which leads to 3 double bedrooms. The principal bedroom features a deluxe en suite bathroom with dual sinks, separate bath & walk-in shower. Bedroom 2 also benefits from an en suite shower room. The 28th floor also features a winter garden, which all 3 bedrooms open out onto.

Leading up to the 29th floor, one passes the lower reaches of a custom-made light fitting which is affixed to the ceiling at the apex of the 31st floor, & illuminates the staircase at every level in between. The 29th floor belongs to the impressive open-plan reception, dining area & kitchen. The kitchen boasts premium quality appliances from Miele. Appliances include: 2 ovens, a steamer oven, microwave, an induction hob & plate warmer drawer, dishwasher & wine cooler plus an oversized fridge & freezer. Adjoining the reception room is an additional winter garden which is open to the ceiling on the 31st floor.

On the 30th floor an additional lounge or home office with spectacular views or it could be an additional bedroom with its own private Jacuzzi & adjoining shower room. Behind the Jacuzzi is a bold & impressive 'feature' wall with integral feature lighting designed to dovetail perfectly with the dcor, ambience and feel of this special property. The heating and comfort cooling system is green energy to the next level, using the River Thames to heat and cool the apartment. Hot or cold water is supplied to the apartment as part of the service charge, making this apartment very eco-friendly. Heat is extracted from the Thames to heat the water, or cool by the way of reverse cycle putting the hot water back into the Thames. The heating is all under-floor with individual thermostats in every room giving you that even temperature with no radiators to spoil the beauty of the decoration. The comfort cooling is in every room with thin ceiling height vents that gently blow air to keep you at the temperature you want. And on the 31st floor is a sky lounge of approx. 370ft2 from which to enjoy the spectacular 210* 100% glass views of Canary Wharf & looking west down the dock to The Wharf & towards central London.

The apartment features winter gardens rather than open balconies which allow for protected outside use in all weathers. The glass louvres can be opened on the main glass faade, allowing for as much fresh air as you wish.

Dollar Bay Point is located favourably to the South East of Wood Wharf (a huge 8.9 acre mixed use, residential-led development extending the Canary Wharf Estate to the East). When complete Wood Wharf will offer over 3,500 new homes, over 2 million square feet of office space, & 300,000ft2 of retail space offering a wide variety of shops, bars & restaurants covering the whole gamut of even the most discerning residents requirements. Wood Wharf also offers a very safe & convenient pedestrian route to Canary Wharf Jubilee Line station, business district & to the Elizabeth Line station.

Dollar Bay Points facilities include: 24 hour concierge, residents gym, business lounge, a secure, communal garden, & an underground parking space. Universally-acceptable EWS1 rated building. Offered chain-free.

Selling your property in Dollar Bay Point? Trying to find your perfect home to buy? Register with Chestertons Canary Wharf to get the full picture from the experts in the South Quay market.

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (S-ChestertonsAPAC)

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

£ 2598950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 75000
  • 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

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£

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

£ 348950
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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