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£650,000
Bedrooms
Bathrooms
Elms Estates are absolutely delighted to be able to offer to the market for sale this contemporary Two Bedroom Apartment with Private Balcony and Stunning Skyline Views.
Sirus House is set within a secure, modern development, offering stylish urban living just moments from Shoreditch, Spitalfields and Brick Lane. The property is within easy reach of Bethnal Green Overground and Central Line stations, Shoreditch High Street Overground, and Whitechapel station, which offers the Elizabeth Line as well as Hammersmith & City and District Line services. This connectivity places the entire city at your fingertips.
The interior boasts a sleek, contemporary design with an open-plan kitchen and living area. Floor-to-ceiling windows lead out to a private balcony, with sweeping skyline views. The bedrooms are generously sized, both benefiting from access to the second balcony, with the main bedroom also featuring an en-suite bathroom.
Residents also benefit from access to a large communal roof terraceideal for socialising or enjoying panoramic city viewsas well as secure bike storage for added practicality.
The property is offered to the market on a CHAIN FREE BASIS
Internal viewing of this property is a must and early viewing is highly recommended in order to avoid disappointment.
Reception/Dining/Kitchen - 5.7 x 5.1 (188' x 168') -
Balcony - 4.5 x 1.7 (149' x 56') -
Bedroom One - 5.4 x 2.7 (178' x 810') -
En-Suite To Bedroom One -
Bedroom Two - 5.3 x 2.8 (174' x 92') -
Bathroom -
Material Information - Tenure: Leasehold
Length Of Lease: Approx 992 Years remaining
Annual Ground Rent: 300.00 Per year
Annual Service Charge: Approx 3,500 Per year
Council Tax Band: D
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.
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