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£9,000,000
Bedrooms
Bathrooms
The property is set over the top two floors of this flagship development and is complete with a 24 hr. concierge service, two parking spaces, three secure storage rooms, EV charging, wine cellar and lift access to both floors.
The internal square footage reaches almost 5,000, providing five bedrooms, one currently being used as a gym, five bathrooms and multiple reception rooms.
The main living area boasts a ceiling height of 7m with exposed beams, wide oak plank flooring and expansive glass to create a unique picture window of London landmarks. A dining area, Poggenpohl kitchen, utility room, additional living room and guest bedroom suite complete this floor. The secondary living room on this west side is equally impressive with double height ceilings and tall windows providing views over The Globe, Tate Modern and the Thames. A deep curved panoramic terrace runs along the west side of the apartment.
Stairs from both reception rooms give access to the first floor and emphasize the architectural flow of the apartment with practicality and style. The floor above the main reception is home to yet more entertaining space and a mezzanine study while contact with the river is retained by the sheer volume of the space. Three further bedrooms, the gym and a quiet sitting room complete the first floor accommodation. The principal bedroom has a walk through wardrobe, en-suite bathroom with double sinks, walk-in shower, freestanding tub and a sauna with views of St. Pauls. The master bedroom has full height windows and a separate terrace overlooking the river.
An opportunity to purchase a unique apartment with architectural flair and fabulous views in a standout location.
Situation
Positioned on the Southbank by the water, Benbow House is an enviable location. The views across the Thames, Millennium Bridge, and St Pauls, are rare; rarer still is the proximity to The Globe Theatre, The Tate Modern and all that the vibrant Southbank has to offer. Borough Market is a local and international favourite. The apartment is within easy walking distance of the City and west-end while transport across the city, to mainline rail, and major airports, is effortless with St Pauls and London Bridge underground and overground nearby. The Thames Clipper riverboat stops outside the front door.
Property Ref Number:
HAM-3665Your 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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