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9 Branch Road , , Limehouse, London
£775,000
Bedrooms
Bathrooms
This spacious three double bedroom flat within the well regarded Victory Place development, is located on the east side of the Limehouse Basin, E14.
A larger than average (1278 SQFT / 119 SQM) flat, with three double bedrooms, three bathrooms (including two updated en-suites), ample storage, utility room, separate fully fitted kitchen, a large reception/dining room leading onto a full width balcony, and additional south facing balcony off the master bedroom. The flat also includes a secure covered parking space.
Victory Place is a secure gated development located on the east side of the basin. It benefits from a day porter and on-site residents gym. It is a short walk to the historic Narrow Street, with its River Thames facing gastro pubs (The Grapes, which is part owned by Sir Ian Mckellen, and Gordon Ramsey`s Bread Street Kitchen). Canary Wharf is also a short stroll along the Thames path, giving you a wealth of shops, like John Lewis/Waitrose, Marks and Spencer, Goldsmiths Jewellers, Gap and Zara, to name a few. Along with multiple bars and restaurants.
Limehouse DLR is the closest station, taking you into Canary Wharf or the City in under ten minutes either way. The DLR also connects you to Stratford International, London City Airport and South of the Thames at Royal Greenwich. You can also pick up the C2C in Limehouse which takes you to the Essex Coast or Fenchurch Street.
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.
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