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£1,700,000
Bedrooms
Bathrooms
We are pleased to offer this stylish 2 bedroom duplex apartment available for sale of approx.1047 Sq.Ft (97 Sq.M) located in this luxury new development close to the River Thames, the Houses of Parliament and Tate Gallery. The apartment is offered with vacant possession and further benefits from a spacious open plan reception room with a dining area, there is a smart kitchen with Kuppersbusch integrated appliances and a breakfast bar and access to a large private terrace ideal for entertaining. Additionally there is excellent storage throughout including built in wardrobes to both bedrooms as well as a utility cupboard, there are luxury en-suite bathrooms to both bedrooms, a guest cloakroom, comfort cooling, wood flooring, high ceilings and a secure underground parking space. Residents of Abell House will benefit from a 24-hour concierge service, as well as a health spa with swimming pool and fitness centre. You will be within walking distance to the amenities of Horseferry Road and Victoria Street which include many shops and a Curzon Cinema. The development is also located next door to the international headquarters of Burberry and opposite The Westminster London (Curio Collection by Hilton). The transport links of St Jamess Park, Westminster and Victoria are all within walking distance.
Service Charges: 12,500 Per Annum
Ground Rent: 500 Per Annum
Long Leasehold: 990 Years Remaining
Council Tax Band G (London Borough of Westminster)
EPC Rating: B (86)
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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