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£1,200,000
Bedrooms
Bathrooms
With 1461 sq/ft of lateral space to offer there is plenty of room for the two large double bedrooms, two bathrooms, two balconies, a large reception room with separate kitchen and ample storage.
The converted warehouse provides original wooden beams and exposed brickwork, a share of the freehold, 24hr concierge and an underground secure parking space.
Outside
The Butlers Wharf Building is the flagship of this waterside neighbourhood, converted by Sir Terence Conran, and still considered to be the most prestigious address in Shad Thames. Shad Thames is a highly desirable location on the banks of the River Thames, steeped in history and enchanting character. A variety of bars and restaurants are 2-3 minutes walk away including The Ivy, Pont de la Tour and the Michelin starred Restaurant Story.
Situation
Stretch your legs a little further and find all the trendy spots Bermondsey Street has to offer. The area is very accessible and whilst many residents walk across Tower Bridge into the City, there are also excellent transport links. Destinations from London Bridge train station include Gatwick Airport (28 minutes) and Charing Cross (8 minutes). London Bridge underground station (Jubilee and Northern Line), Tower Hill (Circle and District line) and Tower Gateway DLR are all just a short walk away.
Property Ref Number:
HAM-0727Your 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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