2 bedroom apartment for sale

£3,950,000

2

Bedrooms

2

Bathrooms

Floorplan

Situated in the heart of Mayfair, Burlington Gate embodies the perfect balance of discretion and luxury. This exceptional apartment offers an abundance of natural light, impressive proportions, and a refined elegance, all set around Mayfairs first new arcade since the 1930s. This architectural masterpiece blends the buildings heritage with the vibrancy of the community, enhancing the areas historic charm.

Designed by the world-class architects Rogers Stirk Harbour + Partners and developed by Native Land, Burlington Gate offers modern living in one of Londons most coveted locations.

Spanning an impressive 1,089 square feet, this meticulously redesigned and newly refurbished apartment sets the standard for contemporary luxury living. The open-plan living and dining area flows into a fully equipped kitchen with high specification appliances and bespoke cabinetry.

The principal bedroom features an en-suite marble bathroom and a walk-in wardrobe, while the second bedroom is generously sized with easy access to a second marble bathroom.

Burlington Gate offers a suite of five-star amenities for its residents, including a state-of-the-art gym, a sauna, and the convenience of a 24-hour concierge.

Ideally situated between the iconic Savile Row and Old Bond Street, Burlington Gate is just moments away from the greenery of Green Park and Hyde Park, and within walking distance of the Royal Academy of Arts. The area is home to the world-renowned boutiques of Bond Street, Michelin-starred restaurants, and private members clubs.

With excellent transport links, including Green Park and Piccadilly Circus Underground stations just 0.4 miles away, this location offers easy access to the rest of London and beyond.

This apartment presents a rare opportunity to live in a beautifully crafted residence in the heart of Mayfair, surrounded by the very best that London has to offer.

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Council Tax: G | Leasehold

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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

£ 3449200

Mortgage Loan to Value

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Gross Yield

%

Annual ROI

%

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
    £ 98750
  • 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

Adjust these figures

£

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

£ 486700
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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