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£3,850,000
Bedrooms
Bathrooms
A rare opportunity to acquire this exclusive off market property. We are pleased to present this naturally bright 3 bedroom apartment located on the 8th floor (lift) in this highly sought after development. The internal living space measures at approx. 1349 Square Feet (123.5 Sq.M). The accommodation comprises of an open plan fully integrated modern kitchen with central island, a bright and airy dual aspect reception room with access to a private terrace offering unparalleled views of Big Ben, the Houses of Parliament, London Sky Line, River Thames and St Johns Gardens. There are 3 good size double bedrooms with fitted wardrobes and the master bedroom benefits from a contemporary en-suite bathroom and a further guest bathroom. Additionally there are 2 secure underground parking spaces.
Residents benefit from an array of amenities including a 24 hour concierge, a fully equipped fitness suite and access to an attractive landscaped courtyard garden with water feature. The Courthouse is surrounded by an array of iconic London landmarks. A number of hotels, eateries and retails shops are very close by such as The Goring, St Ermins and The Ivy Victoria. The transport links of St Jamess Park, Westminster and Victoria which are all just a stones throw away as well as easy access to The City and The West End. There is an EWS1 certificate in place which is available upon request
EPC Rating B (84)
Service Charges: 9000 Per Annum
Ground Rent: 1500 Per Annum
Long Leasehold: 999 years from 2014 (Expires 3013)
Council Tax Band G (London Borough of Westminster)
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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