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£2,750,000
Bedrooms
Bathrooms
A superb apartment of 2,544 sq ft in the award-winning NEO Bankside, designed by Rogers Stirk Harbour + Partners.
This well-proportioned apartment is filled with natural light and has been impeccably designed. The accommodation comprises a spacious open-plan reception room and a modern kitchen with floor-to-ceiling windows that lead to a Winter Garden. There are three double bedrooms, two of which have ensuite bathrooms, and a separate shower room/guest cloakroom that complements the third bedroom. The apartment has comfort cooling and underfloor heating in the main rooms.
NEO Bankside offers a range of amenities for residents, including a 24-hour concierge and security service, a private gymnasium exclusively for residents, a private wine cellar, storage facilities, beautifully landscaped communal Zen gardens, and a business centre.
The South Bank is one of the most vibrant and diverse neighbourhoods in London. Living in NEO Bankside gives you the unique opportunity to be at the centre of this dynamic area, with renowned cultural institutions such as TATE Modern, National Theatre, Southbank Centre, and Shakespeares Globe Theatre right on your doorstep. There are plenty of stylish restaurants, bars, coffee houses, and shops to explore and the famous Borough Market, known for its high-quality produce, is just a short walk away.
Excellent public transport links include nearby underground stations at Blackfriars, Southwark, and Waterloo East and major National Railway stations like Waterloo, London Bridge, and Blackfriars. Bus services and river buses from Blackfriars and Bankside Piers are readily available. St. Pauls Cathedral and the City of London are just a short walk across the Millennium Bridge.
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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