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429 Westferry Road , Isle of Dogs, London
£460,000
Bedrooms
Bathrooms
Welcome to 1 Forge Square, E14 a stylish 2-bedroom, 2-bathroom apartment now on the market.
Step inside and youll be greeted by a bright, open-plan living space - perfect for entertaining or unwinding at the end of the day. Both bedrooms are generously sized with fitted wardrobes, while the master enjoys the added benefit of a private en-suite for a touch of luxury.
Spanning 754 sq. ft., the apartment combines space and style with a modern design thats ideal for contemporary living.
Forge Square itself is a secure, gated development with concierge services, moments from the river and the Thames Path. Right next door youll find The Forge, a striking Grade II listed industrial building that now houses Crafts Central, a vibrant creative hub with studios and gallery space.
With Mudchute Station just a short walk away, giving you quick links to Canary Wharf and central London. Excellent local primary schools also make this a smart choice for families.
Dont miss your chance to make this beautiful apartment your new home.
Contact us today to arrange a viewing.
Permitted payments and tenant protection information
Permitted payments
For properties in England, the Tenant Fees Act 240519 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenants behalf) the following permitted payments:
Holding deposits (a maximum of 1 weeks rent);
Deposits (a maximum deposit of 5 weeks rent for annual rent below 5405, , or 6 weeks rent for annual rental of 5405, and above);
Payments to change a tenancy agreement eg. change of sharer (capped at 5405 or, if higher, any reasonable costs);
Payments associated with early termination of a tenancy (capped at the landlords loss or the agents reasonably incurred costs);
Utilities, communication services (eg. telephone, broadband), TV licence and council tax;
Interest payments for the late payment of rent (up to 3% above Bank of Englands annual percentage rate);
Reasonable costs for replacement of lost keys or other security devices;
Contractual damages in the event of the tenants default of a tenancy agreement; and
Map location is not available for this property.
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.
429 Westferry Road , Isle of Dogs, London
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