6 bedroom house for sale

£8,950,000

6

Bedrooms

6

Bathrooms

2

Reception

Floorplan

PROPERTY
A luxurious six bedroom apartment in the Battersea Power Station development. Spanning and enormous 3,297 sq foot , this 8th floor property is not only spacious but also finished to the highest specification. Every room boasts unique features, from the curved wall in the reception room to the marble units in the bathrooms. Every window offers a stunning view over the River Thames, and gives onto one of the private winter garden.
Enter the apartment through a private hallway with discreet storage for coats and shoes. This leads to the ample reception room, with attractive uplighting and enough power points for all your personal tech. The full-height windows provide access to the main winter garden.
The kitchen features Gaggenau appliances set in marble work surfaces. The space doubles as a dining room, with atmospheric lighting and a curved feature wall. This room provides another entrance point to the apartment, and boasts the latest security technology to keep you and your family safe and sound.
The master bedroom suite is located at the extreme east end of the apartment. It includes a spacious bedroom, as well as its own dressing room, en-suite bathroom and WC. The master suite connects with the reception room and the second winter garden.
A corridor at the west end of the apartment houses the other four bedrooms, as well as an office, study and utility room. Each bedroom has its own bathroom, each finished to the highest specification with the finest porcelain and either wood or marble surfaces. The sliding windows in the smaller bedrooms and the office all give access to the winter garden. From the winter garden, you can enjoy natural light, as well as the stunning view of the Thames, without having to brave the British weather.

DEVELOPMENT
Iconic Battersea Power Station has been a feature of London's skyline for nearly ninety years. The new, mixed-use development is spread over 42 acres, incorporating 4,000 homes as well as shopping and leisure facilities in the converted power station building.
Scott House is a luxury apartment complex within the development. Residents benefit from 24-hour concierge, swimming pool, gym, screening room and private dining rooms. Parking spaces are allocated to each apartment - an important convenience in a capital city.
In addition to residential properties, the Battersea Power Station development will include a six-acre park, a new high street, office and retail space, a library, medical centre, childcare facilities, leisure and culture facilities as well as a 2,000-capacity events space. With so many shops, restaurants and events coming to the area, Battersea Power Station will become a destination in itself.

LOCATION
SW11 is a great location in Transport for London's Zone 1, just a short tube ride from the West End and walking distance from Chelsea and Sloane Square.
Thanks to the Northern Line Extension, SW11 will benefit from two new London Underground stations, Nine Elms and Battersea Power Station. Residents will be able to travel to the West End, as well as connecting with intercity stations like Euston and King's Cross. A shuttle bus for residents will provide a direct link with Victoria Station.
New shops, restaurants and leisure facilities form part of the mixed-use development, while existing local supermarkets are fully stocked with daily provisions.
Battersea Park is just fifteen minutes' walk away. This beautiful riverside park is home to Battersea Children's Zoo and the delightful Peace Pagoda - an oasis of calm in the UK's busy capital.

Nearest Stations:

0.2 miles
Battersea Power Station
0.37 miles
Battersea Park
0.49 miles
Queenstown Road (Battersea)
0.5 miles
Queenstown Road
0.7 miles
Nine Elms

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 7924200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 223750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 1211700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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