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£800,000
Bedrooms
Bathrooms
Elms Estates are delighted to be able to offer to the market For Sale this Amazing Two Bedroom Apartment arranged over the top three floors with its own roof terrace with the most amazing views over London.
Keeling House, built in the 1950s and designed by the renowned Architect - Denys Lasdun on the former site of The Mullord Brothers printing press. The building has since been updated by Award Winning Architects Munkenbeck + Marshall back in 2001. The site was given a Grade II Listed status in 1993. The building benefits from a communal courtyard with two prominent water features, secure cycle storage as well as gated car parking.
The Property is located within walking distance of Bethnal Green Tube Station while also benefitting hugely from the many small Green Spaces and Victoria Park being just a short walk away. Columbia Road Flower Market will make for wonderful lazy Sunday morning strolls while the vibrant Broadway Market is within easy reach offering and array of shops and dining experiences. This property really is set within the Heart of the East End with easy access to all of the Restaurants, Bars, Shops, Markets, Gyms, Parks, Galleries and Museums this Exciting Area has on offer.
Internally the apartment is arranged over three floors comprising of a large open plan reception/kitchen area with high ceilings, Master bedroom with access to its own balcony and a further second double bedroom with built in storage and Modern shower room. On the top floor there is a sunroom which gives you access to a wrap around roof terrace with amazing views across London and beyond.
Keeling House really does offer a unique and rare opportunity to purchase one of the top floor apartments of an iconic building. An early internal inspection is highly recommended in order to avoid disappointment.
For more information or to arrange a viewing please do not hesitate to call in and speak with one of our property consultants.
Reception/Kitchen - 6.2 x 5.8 (204' x 190') -
Bedroom One - 3.5 x 3.0 (115' x 910') -
Balcony -
Bedroom Two - 3.9 x 2.7 (129' x 810') -
Shower Room -
Sunroom -
Roof Terrace -
Material Information - Tenure: Leasehold
Length Of Lease: Approx 974 Years remaining
Annual Ground Rent: 200.00 Per year
Annual Service Charge: 13,044.74 Per Year
Council Tax Band: G
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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