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9 Branch Road , , Limehouse, London
£775,000
Bedrooms
Bathrooms
With spectacular panoramic views across the River Thames, this great three double bedroom flat in Chinnocks Wharf, enjoys a prominent position on Narrow Street, Limehouse, E14.
Offering 1262sqft / 117sqm of accommodation, this spacious fourth floor flat has three double bedrooms, a semi open plan fully fitted kitchen, sunny south facing balcony with views across the River Thames, two updated bathrooms (one being en-suite to the master bedroom, a day time concierge, and a secure gated parking space.
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Located on historic Narrow Street, your local pubs/eateries, are Gordon Ramsey`s Bread Street Kitchen - Limehouse, and 'The Grapes', which is part owned by Sir Ian Mckellen. Canary Wharf is also a short walk along the River Thames from Narrow Street, giving you a multitude of shops, restaurants and bars, including John Lewis/Waitrose and Marks and Spencers.
This popular Narrow Street development is a short walk to Limehouse DLR, which takes you into Canary Wharf or the City in under ten minutes either way. The DLR also connects you to Stratford International, Royal Greenwich, London City Airport, and the C2C in Limehouse takes you to the Essex Coast or Fenchurch Street.
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.
9 Branch Road , , Limehouse, London
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