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£1,100,000
Bedrooms
Bathrooms
A gorgeous bright and spacious three double bedroom PENTHOUSE apartment set within this excellent modern development.
The property on the top floors (7th and 8th), benefits from the view of Londons City skyline, excellent views of the River and an incredible amount of natural light.
The entrance leads to the 1st floor of the apartment, with a large hallway splitting off the master bedroom with ensuite and access to a huge roof terrace, large second and third bedrooms alike with the walk-in wardrobe where there is access to a further sizeable balcony. On this floor, there is a family bathroom with a separate shower and bath.
Up on the 2nd floor, you access the 1,023 sq/ft open plan reception room with a separate dining area. This dual-aspect floor benefits from very high ceilings, a balcony off the living area and a further roof terrace from the Kitchen area - offering fantastic views of the city.
Other features include an energy-efficient heating system, underfloor heating, lift access and concierge facilities.
This fantastic development is ideally located on the river and is within easy reach of the numerous shops, cafes and restaurants. The property is also a stones throw away from North Greenwich Tube station.
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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