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£8,500,000 Offers in excess of
Bedrooms
Bathrooms
A rare and unique opportunity to acquire the main penthouse at St. Pancras Chambers, an icon of London architecture and perhaps the most revered gothic building in the world, designed by George Gilbert Scott and completed in 1873. This near 6,000 sq ft triplex three-bedroom penthouse apartment is accessed via a private lift and offers dramatic living space on an extraordinary scale throughout. The main reception room boasts regal and decadent interiors that are unique and immersive. This space was once the water tower for the original hotel and showcases the original wooden beams and joists while offering a dual aspect allowing for plenty of natural light. This is a room that is both steeped in history and yet innovative with its interior architecture. The exposed Victorian beams also work practically to provide intimacy to this vast space and allow for separate areas for music, games, dining, TV, and most prominent of all, a large bar area for entertaining on a grand scale. A central staircase connects the three floors bordered by a long hanging crystal chandelier. Bedrooms feature high ceilings, fireplaces, cornicing, and a sense of grandeur, particularly the principal suite with walk in wardrobe, bathroom, and views over Kings Cross and London. The property also benefits from 24 hour secuirty, staff quarters, a caterers kitchen, dual entrances, and two parking spaces. Any potential owner can also make use of the 5' amenities and services on offer at the St. Pancras Renaissance Hotel for a membership fee, this includes room and maid services, concierge, and access to the spa, swimming pool, and gym. It is a simply incredible home and one of the great surprises of the London property scene.
Situation
St. Pancras Chambers is a London icon; a building that needs no introduction. The building now houses a selection of beautiful apartments, a world-class hotel, a private members club, gym and spa, and of course access to one of the worlds most beautiful train stations with International connections.
Property Ref Number:
HAM-32996Your 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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