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146b London Road , Benfleet, Essex
£1,250,000 Offers in excess of
Bedrooms
Bathrooms
Situated on the 52nd floor the apartment affords breath-taking views across the south dock, towards the river Thames and the O2.
The accommodation configured over 1,214sqft/112 sqm included three bedrooms, two en-suite shower rooms and a guest bathroom.
The open plan kitchen is fitted with an extensive range of Siemens appliances to include a wine fridge. The area is finished with, reconstituted stonework surfaces, glass splashbacks and handle-free storage.
The environment is modulated via underfloor heating and comfort cooling.
Occupiers will have access to a Residents` Club Lounge on the 56th floor, 24-hour concierge services, terrace areas, bar facilities, office facilities, a screening room, an option for catered private dinning arrangement and access to London`s highest communal garden.
The world class leisure facilities include: an extensive gymnasium; a resistance training circuit;160 sq/m swimming pool; as well as a spa; private treatment rooms and sauna & steam room.
South Quay Plaza is perfectly located just a few moments from the heart of London`s financial district and set within 2.6 acres of beautiful, landscaped gardens.
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.
146b London Road , Benfleet, Essex
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