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£1,250,000 Guide Price
Bedrooms
Bathrooms
Set on the first floor of this highly sought-after and architecturally striking development, this exceptional split-level apartment spans approximately 1,400 sq ft and offers a rare blend of historical charm and contemporary living.
Formerly part of the Wilds Temperance Hotel, originally built in 1888 as part of the 19th-century temperance movement, the apartment once served as the hotels formal dining room. As such, it boasts dramatic double-height ceilings, impressive proportions, and stunning original features including arched windows that flood the space with natural light.
The accommodation is arranged across two levels. A spacious entrance hall leads to a bright and airy kitchen/breakfast room with ample space for dining. A staircase leads to the first floor, where a generous guest bedroom is complemented by a modern bathroom suiteideal for visitors or flexible use.
The striking mezzanine level features a large principal bedroom suite with a walk-in wardrobe, en-suite shower room, and air conditioning for added comfort. This level also hosts a versatile second living area, ideal as a home office, snug, or reading space.
Additional highlights include secondary glazing that preserves the character of the original arched windows, efficient air conditioning, and a well-managed building with an active residents association. Originally converted by Berkeley Homes in 1998, the building now benefits from a resident-run management company and a share of freehold ownership. The Grade II listed faade has recently undergone redecoration, and plans are in place to enhance internal communal areas. Service charges are expected to return to normal levels upon completion of these works.
Situation
Ideally situated on Ludgate Hill, just moments from St Pauls Cathedral, The Gallery offers unrivalled access to the City and beyond. Blackfriars (District & Circle lines) and St Pauls (Central line) Underground stations are both nearby, as are National Rail services at Blackfriars and Farringdonincluding the Elizabeth Line, offering direct connections to Heathrow, Canary Wharf, and the West End.
The cultural attractions of the South Bank are just a short walk across the Millennium Bridge, including the Tate Modern, Shakespeares Globe and the National Theatre. The apartment is also well placed for the legal, financial and academic institutions of the City, as well as renowned lifestyle destinations such as The Ned, and a vast selection of restaurants, cafes, and boutique shops.
A rare opportunity to own a piece of Londons history, moments from St Pauls and the heart of the City.
Property Ref Number:
HAM-3077Your 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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