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£1,350,000
Bedrooms
Bathrooms
Extending towards circa 1300 sq ft of well-proportioned living and entertaining space, the apartment offers a stunning Westerly aspect from each bedroom allowing a plethora of natural light throughout.
Located on the 26th floor, the apartment offers a large open plan style reception room with dining space, access to a large balcony and views taking in The City of London and many of its landmark buildings. A wonderful principal bedroom suite with the same views offers a walk-in dressing area with excellent wardrobe & storage space, access to a large en-suite bathroom, and has sliding doors opening to a good-sized balcony. A further bedroom, with built-in wardrobes shares access to the 2nd balcony, whilst a family bathroom and good-sized storage cupboard are located off welcoming hallways that benefit from flowing natural light throughout. Ideally located between Islington, Shoreditch and The City, Atlas is a recently built 38 storey luxury development at the heart of a popular & vibrant area, that offers residents 24hr concierge, leisure & spa facilities, and cinema. Sitting on the doorstep of Tech City, Atlas is wonderfully positioned and offers excellent transport links from Old Street (0.1mi) and Barbican Stations (0.5mi) allowing easy access to local, national & international rail connections.
We understand that cooling / heating is delivered via a communal system for which separate charges apply.
Leasehold 987 years (exp. 31/12/3013)
Ground Rent: Approx. 600 pa
Service Charge: Approx. 15,998 pa
Council Tax Band: G
EPC Rating: B To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker
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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