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9 Branch Road , , Limehouse, London
£799,995
Bedrooms
Bathrooms
An exceptional three double bedroom duplex in the sought after Watergardens (Roy Square) development on Narrow Street, Limehouse, E14.
This flat has an entrance on the third floor, with access to three double bedrooms, bathroom, en-suite and balcony to the master bedroom, and ample storage. Upstairs to the fourth floor (top) leads to the main living area, made up of the a bright and spacious double aspect reception room with an open plan fitted kitchen, and sunny westerly facing terrace overlooking the tranquil communal gardens and water feature (Hence the name, The Watergarden). The flat also includes a secure parking space.
Limehouse or Westferry DLR stations are equidistant, which take you into Canary Wharf or the City in under ten minutes either way. The DLR also connects you to Stratford International 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.
Located on Historic Narrow Street, your local pubs/eateries are, Gordon Ramsey`s 'Bread Street Kitchen', and 'The Grapes', which is part owned by Sir Ian Mckellen. Canary Wharf is also very accessible, and has a multitude of bars, restaurants and shops. Including Waitrose/John Lewis and Marks & Spencer, to name just a few.
This flat really needs to be viewed to be fully appreciated. The flat is being sold chain free.
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.
9 Branch Road , , Limehouse, London
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