3 bedroom flat for sale

£1,350,000

3

Bedrooms

3

Bathrooms

Floorplan

Set across the fourth and fifth floors of the acclaimed Circle development, this remarkable three-bedroom duplex penthouse offers an unparalleled standard of contemporary living in one of Shad Thames most desirable riverside enclaves. Designed with both elegance and functionality in mind, the property features a voluminous open-plan reception and kitchen / dining area, where floor-to-ceiling windows bathe the space in natural light and lead directly onto an expansive private roof terrace an idyllic setting for sophisticated entertaining or serene outdoor relaxation. The sleek, bespoke kitchen is fitted with premium Corian work surfaces and integrated appliances and flows seamlessly into the living / dining area, creating a refined yet welcoming heart to the home.

The lower level comprises three generously proportioned double bedrooms, each thoughtfully designed to maximise comfort and light. Two of the bedrooms have floor-to-ceiling fitted wardrobes and enjoy access to private balconies overlooking the beautifully maintained communal gardens, offering a rare sense of tranquillity within central London. Three contemporary bathrooms (two en-suite) are luxuriously appointed combining clean lines with high-end finishes. Further benefits include a laundry / utility room and stunning tailor made glass, stainless steel and oak staircase and an allocated underground parking space, a 24-hour concierge service, and access to residents leisure facilities. Ideally located just moments from the vibrant restaurants, galleries, and riverside walks of Shad Thames, the property is also within easy reach of London Bridge and Tower Hill stations, providing superb connectivity across the capital. This exceptional penthouse represents a rare opportunity to acquire a truly luxurious residence in a prime London location.

Selling your property in The Circle? Trying to find your perfect home to buy? Register with Chestertons Tower Bridge to get the full picture from the experts in the Shad Thames market.

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Features
  • Freehold

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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

£ 1125200

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
    £ 33750
  • 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

£ 112700
  • 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.

£

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
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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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This is the assumed rate of house price inflation.

Final Property Value

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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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