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£4,500,000
Bedrooms
Bathrooms
Quietly situated and with a fully managed option, Arlington House is the perfect luxury residence, pied-a-terre, or investment opportunity. The apartment further benefits from 24 hour concierge and climate control throughout the apartment.
The expansive reception room provides leafy views across Green Park, the south west aspect gives excellent natural light throughout the day. The principal bedroom and third bedroom both benefit from en suites, the generous second bedroom is well positioned to the family bathroom.
Situation
Discretely positioned between the Ritz Hotel and St Jamess Palace, with Buckingham Palace a relaxing stroll through the park, it is easy to see why Arlington Street has been home to princes, Prime Ministers, and impresarios ever since King Charles II gifted the plot to Henry Bennett, 1st Earl of Arlington.
The present-day Arlington House, designed in 1936 by renowned Viennese architect Michael Rosenauer, retains its classic essence with an impressive lobby, elegant courtyard, and immaculate gardens. It is an address steeped in history that appeals to investors intimate with Londons most sought-after properties, and to lifestyle connoisseurs attracted to the Michelin starred restaurants, designer retailers and discreet private members clubs for which St Jamess is famous.
Additional Information
Service charges: 8320 per year
Lease expires 14/03/2123
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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