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£1,250,000 Guide Price
Bedrooms
Bathrooms
Sympathetically converted around the turn of the century, many exposed period features remain, including vaulted ceiling beams, exposed brickwork, Crittall style windows and goods doors creating authentic aesthetics.
Wooden floors and a modern open-plan kitchen and bathrooms complete the contemporary feel. Two bedrooms and two bathrooms (one en-suite) provide the opportunity for a guest suite, or work from home space, with a spacious open-plan living/kitchen room, adjacent to the roof terrace.
The roof terrace sets this apartments apart from other penthouses in the City, being almost as large as the flat itself, perfect for outdoor entertaining and dining! It comes with two secure parking spaces, while the building has a concierge, and is lift-serviced. The apartment is perfect for any City worker really wanting to impress his friends with the ultimate penthouse.
Situation
Set behind secure electric gates and with very well maintained grounds, Chandlery House, a former wine warehouse built circa 1894 considered one of the areas finest warehouse conversions is now enjoying a quieter chapter as a Grade II Listed residential development.
Gowers Walk is located just off Commercial Road, to the east of the Square Mile, making it ideal for anybody wanting a short walk to work in the City. It is within easy reach of Aldgate East tube station (District and Hammersmith & City lines) as well as being close to Liverpool street station and also Tower Gateway DLR station which offers excellent access to Canary Wharf.
Property Ref Number:
HAM-2059Map 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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