3 bedroom apartment for sale

£850,000

3

Bedrooms

3

Bathrooms

Floorplan

A truly exceptional home for buyers searching for something wonderfully different, this extraordinary 2055 sq ft apartment sits within a Grade II listed church conversion inside the Royal Military Academy, one of South East Londons most iconic and historic gated developments. Formerly the Church of St Michael and All Angels, this newly created residence is one of just three brand-new apartments carved from the original structure, offering a rare opportunity to own a slice of reimagined heritage.
The churchs foundation stone was laid in 1902, and its breath-taking Gothic Revival architecture has been beautifully restored, blending craftsmanship of the past with refined contemporary design. Large timber double doors open into a welcoming vestibule with storage, and adjacent stands one of the homes most distinctive features, a spiral staircase housed within an octagonal tower with arrow slit windows.
From the vestibule, the reception room sets an immediate tone of drama and character, framed by stained-glass windows, large ceramic floor tiles, and original detailing retained from its former ecclesiastical use. A stylish ground-floor shower room/wc occupies the second octagonal tower, finished with metro tiles, arrow-slit windows and a sleek modern suite.
A door leads to the showpiece of the home, a spectacular open-plan lounge/kitchen/diner with an immense vaulted ceiling and a huge arched feature window resting over exposed brickwork, marking where the church altar once stood. This vast space underlines the scale of the home, with 2055 sq ft arranged across dramatic multi-level living. The kitchen, finished in elegant navy cabinetry with modern appliances, strikes a perfect balance between heritage charm and contemporary luxury. Beautiful carved chancel screens sit on either side, adding remarkable architectural depth.
From here, access leads to one of the bedrooms, complete with vaulted ceilings, stained-glass windows with stone mullions, and ceramic tiled flooring.
Back in the main vestibule, the spiral staircase climbs to the first floor, revealing the principal bedroom. This stunning space enjoys an enormous stained-glass window, a vast vaulted ceiling, and an en suite shower room/wc set within one of the octagonal towers. The same staircase also descends to a basement level for additional storage.
A further staircase from the kitchen area leads to the mezzanine bedroom, a dramatic vantage point overlooking the grand living spaces below, offering captivating views of the colourful stained glass and the impressive arched window. This bedroom also benefits from an en-suite shower room/wc and a useful storeroom.
The Royal Military Academy remains one of South Londons most recognisable historic landmarks tree-lined boulevards, manicured lawns, 24-hour concierge and even one of the countrys oldest cricket pitches create an unmistakable sense of grandeur. Positioned beside Woolwich Common, the location offers excellent access to the Elizabeth Line at Woolwich, along with DLR and National Rail services. Blackheath Village, Charlton Village, The Royal Standard and Woolwich town centre provide an appealing mix of independent cafs, pubs, restaurants and shops.
Dramatic, historic, atmospheric and absolutely one of a kind, this 2055 sq ft home is designed for individuals who want something truly extraordinary rather than something purely practical.

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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

£ 703950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 21250
  • 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

£ 66450
  • 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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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    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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