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60 Westferry Road, London
£650,000
Bedrooms
Bathrooms
CHAIN FREE Franklyn James are proud to offer to the market this rare duplex apartment in Berglen Court. the property occupies the 5th and 6th floor and offers plenty of living space with a wonderful, spacious terrace. The main living space is accessed from the top floor, comprising a refurbished and bright kitchen with granite worktops, a spacious lounge, floor-to-ceiling windows, wood floors, and direct access to the terrace. The lower floor of the apartment offers two generous double bedrooms and two bathrooms one being en-suite to master bedroom with both bathrooms tastefully refurbished. The property further benefits from being in excellent decorative order and having an unusual amount of storage space, making this apartment an ideal place to call home.
Berglen Court forms part of the Limehouse West development in one of the most convenient locations in all of E14. A number of eateries, cafes and restaurants on historic Narrow Street are just a short walk away, as are the extensive amenities of vibrant Commercial Road. Local residents enjoy walking, running and cycling along the nearby Regents Canal and the Thames Path, and cyclists further benefit from easy access to the CS3 Cycle Superhighway. Limehouse Station is just moments away, giving fast and frequent access to the City of London and Canary Wharf thanks to the DLR, as well National Rail Services for routes into and out of central London.
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.
60 Westferry Road, London
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