3 bedroom flat for sale

£1,000,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Guide Price 1,000,000 to 1,200,000

This stunning warehouse apartment spans approximately 1,600 sq ft. and is situated on the first floor, offering direct south-facing views over West India Quay. Immaculately presented, the property boasts a perfect blend of modern comfort and traditional charm, complete with original warehouse features, a sheltered balcony, and secure parking.

The open-plan living and dining area is an impressive space, ideal for entertaining. Solid oak flooring, exposed brick walls, and timber beams add character, while the fabulous kitchen is perfect for culinary enthusiasts. The south-facing balcony, accessed directly from the living room, provides a sheltered space to enjoy the beautiful dockside views throughout the year.

The primary bedroom suite offers a luxurious retreat, featuring a spacious walk-in dressing room and a recently refurbished en-suite bathroom. The second double bedroom is generously proportioned with fitted wardrobes.

For those working from home, the additional office space offers versatility and charm, with its high vaulted ceiling and timber beams. This room could also be used as a third double bedroom, catering to a variety of needs. There is even the possibility to add a mezzanine floor here, adding to the overall space.

With its characterful design, generous interiors, and excellent location, this exceptional chain free apartment must be viewed.

Outside

Accessed from the living room is this sheltered south facing balcony offering stunning views over West India Quay and towards the Canary Wharf estate. Perfect for all year round use.

Situation

Port East Apartments has an excellent location at West India Quay. With the Elizabeth Line, DLR and Jubilee line stations all just minutes away, commuting across town could not be any easier. Canary Wharf itself is just over the dock offering a vast array of shops, restaurants, bars and supermarkets.



Features
  • Freehold

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 68950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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