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£922,000
Bedrooms
Bathrooms
Presenting a luxurious two-bedroom apartment within the highly sought-after Goodmans Fields development. This elegant modern apartment sits gracefully on the sixth floor, offering delightful views and boasting a spacious layout spanning 771 sq. ft., which includes two charming terraces.
Step inside to discover a bright and airy open-plan reception area, where glass sliding doors lead out to an inviting south-facing balcony, ideal for enjoying meals outdoors. The state-of-the-art Poggenpohl kitchen, complete with Siemens appliances and a wine cooler unit, seamlessly connects to the living space, adding a touch of modern elegance.
The primary bedroom impresses with its fully fitted walk-in wardrobe and luxurious en suite bathroom featuring both a bath and a separate walk-in shower. Meanwhile, the second bedroom, generously proportioned, boasts floor-to-ceiling glass doors and comes with built-in wardrobes for added convenience. Additional storage solutions include a utility room and a spacious built-in wardrobe in the hallway.
Nestled within the esteemed 'Perilla House,' residents of this apartment enjoy exclusive access to a communal roof terrace, garden, business lounge, state-of-the-art gym, pool, private cinema room, and a 24-hour concierge desk.
This property comes with the added benefit of a lengthy 987-year lease and is being offered chain-free. Goodmans Fields enjoys a prime location in the Aldgate regeneration area, within walking distance to the City, Tower of London, and Tower Bridge. Nearby attractions such as St Katharines Dock, renowned for its dining options, as well as Brick Lane, Spitalfields Market, and the Whitechapel Art Gallery, are easily accessible.
Lease Length: 987 years
Council Tax Band: F
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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