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£1,750,000
Bedrooms
Bathrooms
A rare opportunity to own a luxurious 1,396 SQFT River View apartment with iconic London views
This exceptional apartment offers a truly rare opportunity to acquire a stunning 1,396 SQFT riverfront home, featuring panoramic views of Tower Bridge, The City, and Canary Wharf. Positioned in one of Shad Thames most sought-after waterfront buildings, this property delivers both luxury and exclusivity.
Located on the fourth floor, the apartment has undergone an extensive top-to-bottom refurbishment, completed to the highest standard with meticulous attention to detail. The heart of the home is the expansive open-plan living, dining, and kitchen area, all designed to maximize the breathtaking river views. Both bedrooms come with their own en-suite bathrooms, complemented by a guest WC. The spacious private balcony, which also overlooks the river, is perfect for alfresco dining and entertaining.
This outstanding property is being sold chain-free and includes unique secure parking directly beneath Spice Quay, which has the capacity to fit more than one caran uncommon and valuable feature in the area.
Situation
Spice Quay is widely regarded as one of Shad Thames premier buildings. Built in 1999, it offers residents a 24-hour concierge service and a welcoming lobby that echoes the ambiance of a 5-star hotel. Residents also benefit from access to Cayenne Courts exclusive swimming pool and gym.
The Shad Thames neighborhood is an exclusive enclave of prime real estate along the Tower Bridge waterfront, combining tranquility with an array of amenities. From fine dining and a stylish gastro pub to the Third Space health club and Londons newest theatre, the area offers a vibrant yet relaxed community atmosphere. Despite its serene setting, it is conveniently located close to the City, London Bridge Quarter, and More London. Excellent transport links are within easy reach, with London Bridge train station offering direct connections to Gatwick Airport (28 minutes) and Charing Cross (8 minutes), as well as nearby underground stations including London Bridge (Jubilee and Northern lines), Tower Hill (Circle and District lines), and Tower Gateway DLR.
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.
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