2 bedroom flat for sale

£3,600,000

2

Bedrooms

3

Bathrooms

Floorplan

Possessing some of the most sensational views in London is this super rare, two-bedroom apartment which is elevated above the prestigious One Tower Bridge development by the renowned Berkeley Homes.

The property sits on the 15th and 16th floors in a prime riverside location with stunning views of The Thames, The City, Tower Bridge and Canary Wharf while being painstakingly designed to reflect the needs and requirements of contemporary luxury living. Inspired by the rich opulence of the finest boutique hotels and utilising state-of-the-art technology.

The fifteenth floor is home to the principal bedroom suite, complete with walk in wardrobe and beautiful marble en-suite bathroom. Also on this floor is the second bedroom with a built in wardrobe and ensuite bathroom, finished to the highest standard.

The sixteenth floor is occupied by a huge open plan kitchen reception room with some of the most incredible views that London real estate has to offer providing one on the most unique backdrops to this outstanding entertaining space.

This one is offered to the market chain free and really should be seen to be believed.

Situation

One Tower Bridge has a dedicated 24-hour concierge and security managed by an award winning estate management company, providing an exemplary level of service.

There is a stunning private spa facility with a sauna, steam room and Jacuzzi; a beautifully designed pool where residents can relax and unwind; an impressive, fully equipped gymnasium and a fitness room to enjoy yoga or a session with a private trainer.

One Tower Bridge also offers its residents the opportunity to enjoy the facilities of the boutique hotel located in the beautiful Grade II listed St Olaves building.

Property Ref Number:

HAM-56820

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 3135950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 90000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 435950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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