3 bedroom apartment for sale

£3,950,000

3

Bedrooms

2

Bathrooms

Floorplan

Positioned on the third floor of a Grade II Listed building, this meticulously refurbished lateral apartment spans approximately 1,375 sq ft and sits along one of Mayfairs most prestigious and architecturally significant streets. The building forms part of a distinguished terrace showcasing the Queen Anne revival style, introduced by the Grosvenor Estate in the late 19th century, with its iconic red-brick and terracotta facades.

This stylish apartment has been finished to an exceptional standard throughout, pairing modern functionality with a considered respect for the buildings historic character. A 27 ft reception room with a south-west facing aspect overlooks Mount Street, filling the space with natural light throughout the day and offering elevated views of the streetscape below.

The layout is well-balanced and thoughtfully arranged. A separate, fully integrated kitchen sits discreetly off the main living space, complemented by a dedicated utility room to the rear.

The principal bedroom suite provides a luxurious retreat, complete with fitted wardrobes and a marble-clad ensuite bathroom with bathtub and overhead shower. Two further double bedrooms, both with fitted wardrobes, share a family shower room. Lift access is available.

18 Mount Street lies in the heart of Mayfair Village, adjacent to Scotts and moments from Dior, Claridges and The Connaught. The area is home to a collection of Londons most celebrated dining destinations, private members clubs, luxury boutiques and five-star hotels, including 34, Helene Darroze at The Connaught, Harrys Bar, George, and The Dorchester.

Residents enjoy easy access to several nearby green spaces. Mount Street Gardens, a photogenic, historic oasis planted with rare species, is moments away. Grosvenor Square, Hyde Park and Berkeley Square are also within walking distance.

Transport links are excellent, with Bond Street and Marble Arch stations both approximately 0.4 miles away, providing Central, Jubilee, and Elizabeth line connections. Heathrow, Gatwick and London City airports are all within practical reach for international travel.

For Mandarin-speaking clients, our Asia Desk is available via WeChat @propertyinlondon.

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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

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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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