Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£2,100,000 Offers in excess of
Bedrooms
Bathrooms
The spectacular apartment benefits from a spacious open-plan receptions room with floor to ceiling windows, a state of the art fitted kitchen, two double bedrooms, with built in wardrobes, with an principle having an en-suite bathroom, a separate family bathroom and ample built in storage. The apartment also benefits from a fantastic wrap around winter garden that circles the whole space and provides the perfect setting to unwind and relax above this fantastic city.
Properties coming up in this development are rare and very sought after.
Situation
One Blackfriars sets a new level in the provision of residents amenities. Residents benefit from valet parking, a Sky Lounge on the 32nd floor, a swimming pool, gym, cinema, virtual golf, wine store, steam, sauna, and snow room. One Blackfriars is located on the River Thames on the Southbank, the heart of Londons cultural district rich with numerous theatres, galleries, markets, restaurants, bars, and other attractions. Just 0.3 miles away, residents can easily walk to Southwark underground station (Jubilee Line) and Blackfriars station making the apartment conveniently located for the City, Canary Wharf and the West End.
Additional Information
Lease Length - 994yrs
Service Charge - 14,500
Ground Rent - 750
Local Authority - Southwark
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
