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£840,000
Bedrooms
A unique opportunity to purchase a larger than usual one bedroom luxury apartment on the 15th floor of this very prestigious development.
Accommodation comprises a generously sized reception room with a spectacular fully glazed winter garden offering dramatic views towards Canary Wharf, a large separate fully equipped luxury kitchen, a large and sleek design family bathroom , and a large bedrrom also offering fantastic panoramic views towards South East. There is also ample built-in storage in the corridor and a utility room.
The apartment is situated in the 'Neroli House' building with residents enjoying access to the communal garden, business lounge, state of the art gym and pool, impressive private cinema room and 24 hours concierge desk.
Goodman Fields is ideally located within the Aldgate regeneration area within walking distance to the City and only a short walk from the Tower of London and Tower Bridge. The picturesque St Katharines dock is only a short stroll away offering a delightful array of restaurants, cafes and pubs and also benefits from easy access to the vibrant 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)
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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