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£2,600,000 Guide Price
Bedrooms
Bathrooms
A beautiful, luxury two bedroom, two bathroom apartment in One Blackfriars the landmark development overlooking the Thames and the South Bank. There is a large living space with the kitchen and dining area featuring glass walls affording dual-aspect views and extending onto a private wrap-around sky garden, two spacious bedrooms and two luxury bathrooms. Full onsite luxury services and facilities.
This 1,698 sq ft apartment includes an inviting living and dining area featuring glass walls affording dual-aspect views and extending onto a private, wrap-around sky garden, a designer kitchen with integrated appliances, reflective marble flooring and full length windows. The sky garden wraps around the property and can also be accessed from both bedrooms which are large in size and contain fitted storage. There is an en suite in the main bedroom as well as a modern shower room suite, both have bath tubs.
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 capable of meeting a variety of needs. Cultural attractions such as the Tate Modern and the National Theatre play host to several events throughout the year from major exhibitions to classical music performances. Attractions including the London Eye and the BFI IMAX cinema are within walking distance providing ideal places for families to enjoy. The development is located near Blackfriars Station (12mins walk) providing Thameslink and Southeastern services and giving access to the Circle and District lines. Southwark Underground Station which is on the Jubilee line can be reached in only 6 minutes.
Tenure: Leasehold
Lease: 999 years from 2018
Ground Rent: 750 p.a.
GR Review: N/A
Service Charge: 18,669 (2022-23)
SC Review: Annually
Council: Southwark
Tax 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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