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9 Branch Road , , Limehouse, London
£1,000,000 Offers in excess of
Bedrooms
Bathrooms
A stunning three bedroom freehold house in the heart of Limehouse, E14. Completely refurbished and remodelled throughout, the property needs to be viewed to be full appreciated.
Located close to Canary Wharf, this property covers 1041 sqft / 97 sqm of internal living space spread over two floors.
Set within a secure gated development, the house has been completely renovated to an excellent standard throughout. Including, a bespoke Scavolini kitchen with a variety of built in Siemens and Neff integrated appliances, quartzite worktops and spash backs, and ample fitted storage units. The kitchen is open plan to the contemporary living/dining space, with a private decked garden area being accessible via the fitted bifold doors. Downstairs has a double bedroom with ample storage and storage/utility room for a washer dryer.
The first floor comprises of the master bedroom with spacious fitted wardrobes and luxury en-suite shower room with window and natural ventilation, finished with full length porcelain tiles and Geberit and Villeroy and Boch hardware. Another double bedroom is located to the front of the property, and also has excellent fitted wardrobes. The main bathroom at the top of the stairs is also fitted to the same high standard.
Additional benefits include access to a loft space, wool carpeting to the bedrooms and hallways, Nest controlled heating system and Pyronix app controlled alarm.
The property is being sold chain free, and includes an allocated off road/gated parking space.
Westferry DLR is within a short walk, giving easy access to Bank, Canary Wharf, Stratford International, London City Airport, and south of the River Thames at Royal Greenwich.
Canary Wharf is also close by, giving access to the Jubilee line, and a multitude of shops, bars and restaurants, including John Lewis/Waitrose, and Marks and Spencers to name a couple.
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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