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£2,000,000 Guide Price
Bedrooms
Bathrooms
One of only six houses within the sought after Brewhouse Yard development, there is a great sense of community within this cobbled square, an ideal space to raise a family or commute to the office, located within the creative Clerkenwell district.
Having undergone a full renovation in the past decade, the vendor has created a fabulous and neutral interior to suit modern tastes, with comfort and practicality in mind. The addition of a replacement roof in 2015, and residents run association should provide peace of mind for any future owner. Brewery Square includes a 24/7 concierge service, with the additional benefit of a secure allocated underground parking space.
An impressive entrance hall sets the tone, with walnut doors and detailing by James Yeo (mirrored within the bespoke cabinetry throughout), concealing a practical laundry/cloak space, with Miele appliances and ample storage beneath the stairs.
Glazed double doors leading into an impressive 26? x 18? open plan kitchen / living / dining space, with full height windows and doors on the far elevation looking out on to the walled courtyard garden, providing a private and leafy outlook from a fabulous entertaining space. A Kevin Robertson designed Poggenpohl kitchen is finished with polished granite-marble surface, incorporating a Miele wine fridge, dishwasher, induction hob, steam oven with Foscarini Buds lighting above the central island.
The thoughtfully designed South-West facing courtyard garden boasts jasmine for a spring fragrance, various London hardy palm trees, yellow bamboo and a hornbeam tree with an integrated irrigation system for minimal maintenance. A perfect secluded escape, providing an oasis within The City.
The first floor comprises all three double bedrooms, and both bathrooms, each feeding from a central landing with the addition of a large storage cupboard housing services. A mood-lit and air conditioned principal bedroom suite features a large walk-in wardrobe (James Yeo cabinetry) and contemporary en-suite shower room (volcanic black marble tile floor, vein matched Carrara marble walls, a heated floor and heated towel rail).
The guest bedroom features built in wardrobes, mood lighting and a mirrored radiator, whilst the third bedroom / study also features a built-in wardrobe, with bespoke walnut shelving (James Yeo), creating the ideal work from home space. The main bathroom completes the interior, with Guatemala green marble tile floor, vein matched Carrara marble walls, a heated floor and heated towel rail.
Situation
Sitting on what was once the Cannon brewery site, which dates to the 1670?s, the current Brewhouse Yard design was conceived by the RIBA architect Erick van Egeraat, with designs by the architects Hamilton Associates for the award-winning house builder ? Berkeley homes.
Located adjacent to St John Street (connecting Islington to Smithfield market), the immediate vicinity includes a Waitrose with Exmouth Market and The Barbican art centre a short walk away. For open green space, there?s Clerkenwell Green, the Regent canal walk, Charterhouse Square and Bunhill Fields.
Clerkenwell is one of Londons most vibrant destinations with a stunning selection of restaurants, bespoke shops, art galleries and designer furniture shops. Its enviable location and proximity to Londons Legal and Financial districts continuously attracts, Bankers, Lawyers, creatives, Designers and Architects.
Farringdon?s stations provide Rail, Thameslink and Underground services (Elizabeth, Circle, Metropolitan, Hammersmith and City lines) with Old Street, Angel and Barbican Underground stations all within 15 minutes walking distance. A central location offering quick and easy access to The City, Docklands, West End, London?s airports and Eurostar services.
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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