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82-84 Bermondsey Street, London
£930,000
Bedrooms
Bathrooms
Situated on the third and fourth floors of the building, accessibility is made easy with both a lift and stairs available for the residents convenience. Upon entering the duplex, the spacious and inviting atmosphere is very welcoming, and the highlight is the fabulous top floor living space, perfect for entertainment and relaxation, with direct access to the wrap-around terrace offering an abundance of natural light and delightful views. The fully fitted and equipped kitchen, complete with a spacious dining area, is ideal for culinary enthusiasts and entertaining. The property features two double bedrooms, each with their own stunning shower rooms, and both bedrooms have excellent storage with fitted wardrobes.
The extensive roof terrace is on three sides, allowing for uninterrupted views of the capital skyline, creating a picturesque setting, facing south so enjoying sunlight throughout the day. With no onward chain, this property presents a fantastic opportunity for a seamless transition to a new home. Additionally, the inclusion of an allocated parking space in the underground garage ensures secure and convenient parking.
The property enjoys a hugely convenient position, located moments from the historic Bermondsey Square, the home of the renowned Bermondsey Antiques Market (every Friday morning), together with the Bermondsey Square Hotel and independent cinema. Tanner Street Park includes tennis courts. Bermondsey Street, Borough Market, and the Southbank are on your doorstep with numerous attractions including the Bridge Theatre, White Cube Gallery, Tate Modern and the ever-growing international food scene with an excellent array of cafs and restaurants including Joses Tapas bar and Pizarro restaurant, Angela Hartnetts Caf Murano, Casse-Croute, Baccala and the creative culinary delights of Maltby Street.
The Thames Path with its riverside walks is a short distance away, with the City of London accessible by walking over either London Bridge or Tower Bridge. London Bridge station is within easy reach (Overground, National Rail, Jubilee, and Northern lines), as is Bermondsey Station (Jubilee) and London Bridge City Pier offering a TFL River Bus service.
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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