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St Davids Square, 320 Westferry Road, London
£700,000 Guide Price
Bedrooms
Bathrooms
A simply stunning two bedroom apartment with breath-taking river views. Featuring a spacious living and dining area, separate modern fitted kitchen with integrated appliances and two double bedrooms; with master including en suite and fitted wardrobe. Also comprising a contemporary bathroom and a corner balcony, as well as allocated parking. Amenities include concierge, gym, pool & more.
Superb two double bedroom, two bathroom property with corner balcony off the reception and floor to ceiling full width windows offering direct River Thames and Greenwich views. Features an inviting spacious living and dining area, separate stylish fitted kitchen with integrated appliances, wood flooring, spacious bedrooms, master with en-suite and fitted wardrobe, contemporary bathroom suite and a large balcony overlooking the communal gardens and stunning river views. The property is offered with allocated parking.
St Davids Square is a gated development with an on-site gym, swimming pool, landscaped gardens and 24-hour concierge services. DLR connections with Canary Wharf and Greenwich are excellent. Nearby the development is the Greenwich Foot Tunnel linking the location with rich maritime heritage along the south bank of the Thames.
Council: Tower Hamlets, Tax Band F
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.
St Davids Square, 320 Westferry Road, London
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