Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,350,000
Bedrooms
Bathrooms
A Rare Opportunity to Acquire an Exceptionally Spacious Two-Bedroom Luxury Apartment on the 7th Floor of a Prestigious Development
This larger-than-average two-bedroom apartment is located on the seventh floor of the highly sought-after Kingwood House, part of the esteemed Goodmans Fields development.
The property boasts a bright and spacious reception room with floor-to-ceiling windows, opening onto a generous private balcony with breathtaking views towards Canary Wharf. The contemporary open-plan kitchen is fully fitted with high-spec appliances, ideal for modern living. A sleek, well-appointed family bathroom complements the stylish interior, while the principal bedroom offers expansive views over South East London. The apartment also benefits from a separate utility room and ample built-in storage along the hallway.
Residents of Kingwood House enjoy exclusive access to a wide range of premium amenities including a beautifully landscaped communal garden, a private business lounge, a cutting-edge gym and swimming pool, a luxurious cinema room, and 24-hour concierge service.
Situated within the vibrant Aldgate regeneration area, Goodmans Fields is just a short walk from the City of London, Tower Bridge, and the historic Tower of London. St Katharine Docks, with its charming marina, boutique cafes, and restaurants, is also nearby along with easy access to Brick Lane, Spitalfields Market, and the Whitechapel Art Gallery.
Local transports include Aldgate station (Circle and Metropolitan & City Lines), Aldgate East (District and Hammersmith & City Lines), Tower Gateway (DLR), Tower Hill (District and Circle Lines) and Fenchurch Street station (overground)
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
