Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£2,900,000 Guide Price
Bedrooms
Bathrooms
The apartment comprises of a large entrance hall with built in coat and shoe storage, a spacious open plan reception room with a fully fitted kitchen which boasts floor to ceiling windows provide an abundance of natural light and a private enclosed balcony. The principal bedroom suite has a beautiful en-suite four-piece bathroom, separate dressing area and balcony access; the second bedroom also has an en-suite bathroom and built in wardrobes and the third bedroom has fitted wardrobes and access to the private balcony, making it a fine option for a home study.
Situation
Southbank Place sits next to some of the most spectacular landmarks views across Londons skyline. Its prominent location between Waterloo and Westminster, makes it the commuters dream to get into all areas of central London. The award-winning interior designers have created stylish and luxurious living spaces with spectacular on-site facilitates including a 24 hour concierge, fitness centre, exclusive residents lounge with ancillary cinema room and private dining room, spa including sauna and steam room. Southbank place is in the heart of Southbank and on the doorstep of Waterloo Station (0.2 miles) and is a destination in its own right with the addition of the new public realm space Casson Square. Featuring high end retail and eateries it will provide a calm oasis away from the hustle and bustle of London life. With a 5' concierge and 18,000 sq/ft gym and spa facilities, Southbank Place is the most exciting
and desirable new development London has to offer.
Property Ref Number:
HAM-1409Your 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
