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644/646 Mile End Road, London
£650,000 Guide Price
Bedrooms
Bathrooms
Guide Price 650,000 - 700,000.
To truly appreciate the magic of this stunning sixth-floor duplex penthouse, a viewing is essential. This exceptional three-bedroom, two-bathroom residence offers an unparalleled living experience, complete with an expansive terrace showcasing breathtaking views of the City and Canary Wharf. From the moment you step inside, youll be captivated by the immaculate interiors and the sheer desirability of this home. Imagine being the envy of your friends as they take in the incredible outdoor space and panoramic vistas. Conveniently located, this property offers various transport links in and out of the City and Canary Wharf, making it ideal for those who value connectivity.
The apartment boasts a generously sized open-plan lounge/kitchen/diner, complete with integrated appliances, perfect for entertaining and everyday living. A double bedroom and bathroom complete the first floor. Ascend to the upper level, where youll find two further large double bedrooms, the principal bedroom benefiting from an ensuite. Floor-to-ceiling windows grace every room, flooding the apartment with natural light and maximizing the spectacular views.
The true highlight of this penthouse is the magnificent terrace. Picture yourself enjoying evening drinks and dinner with friends against the backdrop of the illuminated cityscape, or starting your day with coffee and the Sunday papers in this tranquil outdoor haven. The views encompass iconic landmarks, from Canary Wharf and The Shard to the sprawling City skyline, creating a truly unforgettable ambiance.
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.
644/646 Mile End Road, London
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