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£3,000,000 Guide Price
Bedrooms
Bathrooms
Purchaser Incentive - 2 years of service charge and ground rent paid, subject to purchasers position.
A duplex penthouse set across the 44th and 45th floors with London skyline views from every room. Totalling near 2,700 sq ft across just two floors with three-four bedrooms, three bathrooms, and enviable entertaining space. Interiors are courtesy of Nicola Fontanella, celebrity designer, while lighting is thanks to Louis Poulsen. The main living area features a double height void, marble fireplace, ample glass, picture views, a feature staircase designed to replicate the unique curved architecture of the building, and wood flooring. Access to the terrace is provided from every room on this floor. There is a dining room with wine wall and a kitchen with Caesarstone tops, fluted oak units, and Miele appliances. There is a WC and utility to complete this floor. Upstairs we have all bedrooms and bathrooms including an indulgent principal suite with fluted oak bed frame, walk through wardrobe, and en-suite bathroom with bath tub with TV and underfloor heating. There is a 24 hour concierge, lift access, and access to Londons largest leisure club, the Baltimore Club. The apartment also boasts air conditioning and comes with two secure underground parking spaces benefiting from a valet service. A unique opportunity to purchase a one of kind penthouse apartment in Canary Wharf.
Situation
Overlooking Millharbour Dock Basin, moments from Canary Wharf, Arena Tower is in a prime position. Amenities are plentiful and within walking distance, while Crossharbour DLR station is just moments away offering excellent connections across the capital.
Property Ref Number:
HAM-5856Your 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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