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£1,650,000
Bedrooms
Bathrooms
A spectacular, interior-designed 13th floor 1500ft2 2 bedroom 2 bathroom penthouse apartment in the sought-after Baltimore Wharf development. The apartment is broadly West-facing & boasts a huge (in excess of 1400ft2 approx.), private, dock-facing terrace, direct dock views, high ceilings throughout, & comfort-cooling throughout the apartment. The apartment benefits from an abundance of natural light, due to its dual aspect & floor-to-ceiling windows, a high specification interior finish throughout, as well as a very large open-plan kitchen / reception which is perfect for dinner parties & entertaining.
Baltimore Wharf residents enjoy excellent on-site facilities, including: 24 hour concierge, a very large gym (set over 2 levels, & including a boxing ring), & a 25 metre swimming pool. Baltimore Wharf is conveniently located for dockside walks up & down the Outer Millwall Dock, down to Greenwich (via the Greenwich Foot Tunnel), & the wide, open, green spaces of Millwall Park are just a stones throw away. Canary Wharfs business district, shopping centre & Jubilee Line & Elizabeth Line stations are located within 1-1.5km. Crossharbour DLR station is located within 200m, as are the various amenities, shops, cafes, takeaways on Pepper Street. Within 500m approx are an Asda superstore & a Tian Tian market.
A satisfactory, universally-acceptable EWS1 form is available. 1 parking space is included & the property is sold chain-free. Furniture available by separate negotiation.
Selling your property in Baltimore Wharf? Trying to find your perfect home to buy? Register with Chestertons Canary Wharf to get the full picture from the experts in the Millwall market.
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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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