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82-84 Bermondsey Street, London
£925,000
Bedrooms
Bathrooms
On the 7th and 8th floors of this desirable modern development, standing in the historic Bermondsey Square, this penthouse style apartment offers luxurious living experience with the benefit of a 24-hour concierge service. The property boasts a stunning roof terrace providing uninterrupted panoramic views of the city skyline, perfect for entertaining or enjoying a peaceful evening. Flooded with natural light, the generous living space includes a large balcony that enhances the breathtaking views. The main bedroom suite features a stunning en-suite bathroom, while a wide entrance hall offers brilliant storage solutions. Additionally, a superbly appointed main shower room/w.c and a fully equipped kitchen complete this exquisite residence. With a 125-year lease from 2008 (109 years remaining), this property is a true gem in the heart of the city. On the 8th floor, the propertys crown jewel is the expansive roof terrace offering unparalleled views to the south, west, and north of the city skyline.
Bermondsey Square is the home of the renowned Bermondsey Antiques Market (every Friday morning), together with the Bermondsey Square Hotel and independent cinema. The vibrant Bermondsey Street now locally known as Bermondsey Village, is now synonymous with an ever growing international food scene with an excellent array of restaurants including Joses Tapas bar and Pizarro restaurant, Angela Hartnetts Caf Murano, Casse-Croute, Baccala and a host of others to suit every taste. The street is known for its eclectic mix of boutiques, gastro pubs and bars, and also the home of the renowned White Cube Art Gallery. Nearby Bermondsey Square has the weekly antiques market and Kino independent cinema. The City is accessible by walking over Tower Bridge. London Bridge station provides Northern and Jubilee Underground lines, plus London overground trains.
Map location is not available for this property.
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.
82-84 Bermondsey Street, London
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