Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,500,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1,500,000 to 1,600,000.
This exceptional apartment offers a rare blend of historic character and contemporary living, featuring exposed brickwork, timber beams, vaulted ceilings and an abundance of natural light.
The expansive reception room is ideal for entertaining, with ample space for both lounging and dining, whilst also enjoying direct access to a private, south-facing balcony through original loading bay-style doorsoffering breathtaking views across the River Thames.
The principal bedroom is generously proportioned and benefits from a stylish en-suite bathroom and a versatile adjoining space, currently used as a home office but easily repurposed as a dressing room or walk-in wardrobe. A well-sized second double bedroom includes built-in storage and is served by a sleek modern bathroom.
Additional features include secure private parking, a seven-day concierge service, and a 999-year share of freehold with a notably low service charge.
Situation
Merchant Court is a beautifully restored warehouse development located on a charming, cobbled street directly along the Thames Path. Residents enjoy access to a communal riverside terrace, a daytime porter, and secure entry.
Ideally positioned, Wapping Station (0.3 miles) offers convenient links to Canary Wharf, The City, and the West End, with nearby connections to the DLR and Elizabeth Line providing easy access to both City and Heathrow Airports.
Local amenities abound in Wapping, while scenic riverside walks lead to St Katharine Docks and Tower Bridge.
Property Ref Number:
HAM-56043Your 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
