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£6,500,000
Bedrooms
Bathrooms
A very few homes in London will be as unique as this. Here is an opportunity to acquire a duplex villa style apartment located on top of the boiler house square of the Battersea Power Station building. Boiler House Square is the highest square in the city of London housing a collection of 20 duplex villas and breath-taking roof gardens.
Spanning on top floors, this villa in the sky offers a huge layout. One can access the villa byentering one of the towering four storey reception lobbies within each of the wash towers at the corners of the Power Station. From the lobby, two scenic glass lifts rise rapidly taking you to a top-lit sky receptionat the base of the famous chimneys. On your way to your villa in the skythe journey will be punctuated by views of the generous landscaped gardens. A bank of centrally located lifts are also available to take you directly to the basement car park.
This massive villaoffers copiousexternal space providing far reaching views of the Park& the rest of the developmentfrom the large open plan living area on the 11th floor.
This is a truly spectacular place to call home!
Amenities & Facilities
Residents will enjoy ample amount of amenities and facilities such as 24 hours concierge, a residents lounge, bar, business centre, fully equipped gym, swimming pool, spa, games room, private cinema and much more.
A carefully chosen retailers based on site will mean that whatever you need will be right there. Moreover, a theatre, fashion houses, bars and food outlets will make living here a remarkably convenient and an enjoyable experience.
And yes, if you do need to travel in and around London, just walk to the new Battersea Power Station northern line tube located right within the development or choose the river taxi service off the jetty.
2 receptions, 3 bedrooms, 4 bathrooms
Internal area: 2,761 sq. ft. (256 sq. m.)
Terrace: 600 sq. ft. (55.7 sq. m.)
Roof Terrace: 1,564 sq. ft. (145.3 sq. m.)
Gross Area: 4,925 sq. ft. (377 sq. m.)
Lease: 999 years from 2013
About Battersea Power Station:
The eagerly anticipated Battersea Power Station development is situated across the river from Chelsea and Westminster, making it an attractive location in London. The Vauxhall station, located 0.8 miles away, offers underground and overground train services to Clapham Junction and Waterloo, as well as international airports.
The development includes newly completed underground stations, Battersea Power Station and Nine Elms, in addition to a wide range of shops, restaurants, and parklands. The Battersea Power Station Pier provides riverboat services to the City and Greenwich. Additionally, residents have access to a free shuttle bus to Sloane Square and Vauxhall.
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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