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£550,000
Bedrooms
Bathrooms
Enjoy high-rise city living in this stylish one-bedroom apartment, located on the 12th floor of the sought-after Wiverton Tower development. The property offers stunning west-facing views, including The Shard, from its winter garden, providing a perfect spot to unwind and take in the city skyline.
The apartment features a bright, open-plan reception area with a fully equipped contemporary kitchen, seamlessly connecting to the living and dining space. The winter garden, with floor-to-ceiling windows, enhances the sense of space and serves as a fantastic office or relaxation area.
The bedroom includes built-in storage and an extended alcove, currently used as a home office but easily repurposed as additional storage. A sleek, modern bathroom and ample built-in storage in the corridor add to the practicality of this well-designed home. The property features underfloor heating and a comprehensive comfort cooling system throughout.
Wiverton Tower offers residents a 24-hour concierge service, Communal roof top garden, bike storgae and a private gym. The apartment is ideally located within walking distance of The City, Spitalfields Market, Tower Bridge, and Shoreditch, offering an extensive selection of shopping, restaurants, bars, and entertainment options.
Benefit from exceptional connectivity, with four Zone 1 Underground stationsAldgate, Aldgate East, Tower Hill, and Liverpool Streetall within walking distance. Additionally, DLR services at Tower Gateway and Liverpool Street & Fenchurch Street Rail Stations provide further links across London and beyond.
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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