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£1,600,000
Bedrooms
Bathrooms
Boasting an expansive area exceeding 2374 sq/ft, including its inviting terraces, this extraordinary loft apartment showcases the artistic vision of renowned architect Paul McAneary. Upon entering, the living room immediately captivates with its generous proportions, spanning approximately 1000 sq/ft. The room emanates a remarkable sense of space and grandeur, enhanced by vaulted ceilings, wooden beams, skylights, and elegant hardwood flooring. Additionally, a balcony with commanding views of The Shard graces this room, leaving an indelible impression. The adjacent open plan kitchen seamlessly integrates modern appliances, an island/breakfast bar, an integrated American fridge freezer, ample storage, and a convenient guest W.C. Ascending to the next level, one encounters Bedroom three, currently configured as a versatile summer lounge, thoughtfully designed to accommodate a king size bed. This room features floor-to-ceiling bi-fold glass doors, complete with integral blinds, leading to terrace one, where an outdoor kitchen, barbecue, and pizza oven await. A second terrace provides access to the rooftop space, offering a serene retreat. The lower level of the apartment reveals a substantially proportioned master bedroom, complete with a walk-in wardrobe and a sumptuous ensuite bathroom. Additionally, a second bedroom with an ensuite bathroom and built-in wardrobes offers luxurious comfort. Connecting these bedrooms are four floor-to-ceiling fitted wardrobes, providing abundant storage space.
Notably, the apartments two entrances offer the potential to create a fourth bedroom, a self-contained studio, or a one-bedroom flat. A captivating atrium stretches through the apartment, connecting the ensuite bathroom with the skylights above. This striking feature incorporates vast panels of smart glass, representing the largest installation of its kind in the UK. With a simple adjustment, the owner can transform the glass from opaque privacy screens to transparent panes, effortlessly augmenting the sense of space and luminosity within the rooms. Encompassing an array of exceptional features, this apartment stands as a truly unique offering, perfect for hosting memorable gatherings.
Its prime location places it moments away from The Thames, Shad Thames, Maltby Street, Borough Market, Bermondsey Street, and the Bridge Theatre. Superb transport links are readily available at London Bridge Station, Bermondsey Tube, Tower Gateway DLR, and Tower Hill Station, ensuring convenient connections throughout London.
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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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