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£2,400,000 Guide Price
Bedrooms
Bathrooms
Stunning two bedroom, two bathroom apartment with a large wrap-around sky garden and parking in One Blackfriars, the striking riverside development in Southwark, SE1. The open-plan living features reflective marble flooring, full-height glazing and a modern kitchen with luxury appliances and a breakfast bar. The master bedroom has a dressing room and en suite bathroom and the second bedroom is served by a shower room. Both bedrooms have access to the sky garden. There is a utility room plus additional storage in the entry hall.
The open-plan living features reflective marble flooring, underfloor heating, comfort cooling, full height glazing and a modern kitchen with luxury appliances and a breakfast bar. The master bedroom has a dressing room with plenty of wardrobe space and en suite bathroom and the second bedroom is served by a shower room.
The development offers 24-hour bespoke concierge services and access to a luxury gym, swimming pool & spa, as well as a cinema room, private wine cellar and the 32nd floor executive lounge. The area surrounding One Blackfriars has a great selection of amenities and cultural attractions such as the Tate Modern and the Royal Festival Hall which play host to a wide variety of events throughout the year. The SEA LIFE London Aquarium and London Eye are within walking distance providing ideal places for families to enjoy. The development is located near Southwark Underground station (Jubilee line), Blackfriars Underground Station (Circle and District lines) and Blackfriars Station (Thameslink and southeastern services) providing a range of valuable transport links for commutes towards key destinations across the Capital.
Tenure: Leasehold
Lease: 993 years
Ground Rent: 750 p.a.
GR Review: TBA
Service Charge: 22,841 p.a. (2024)
SC Review: Annually
Council: Southwark
Price Band: G
Map location is not available for this property.
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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