4 bedroom flat for sale

£2,750,000

4

Bedrooms

3

Bathrooms

Floorplan

Set on the 1st floor, with treelined views over this iconic London waterside location, this beautiful apartment extends to a very well-proportioned 2205 sq ft of living and entertaining space, with a host of warehouse features throughout.

A triple aspect reception offers serene views and a host of features throughout including beautiful barrel-vaulted ceilings, exposed brickwork, cast-iron beams and columns, with a Juliet style balcony.

Generous living space is offered across two equally good-sized and South-facing principal bedrooms suites, each with dressing areas, and access to en-suite bathrooms. Two further bedrooms (currently arranged as a large home gym, and a large study), a modern luxury kitchen, and a further family bathroom are located off an inviting hallway with high barrel-vaulted ceilings and the buildings original beautiful tiled flooring.

Dating back to the mid 1800s, Ivory House is a picturesque Grade II Listed warehouse in the heart of St Katharine Docks. One of Londons premier waterside dock residences, St Katharine Docks is located adjacent the River Thames, and slightly to the east of both The Tower Of London and Tower Bridge.

Ivory House is a collection of bespoke warehouse apartments, benefiting from concierge and secure underground car parking with two spaces exclusive to the property, ideally set for the wide range of luxury amenities throughout the Docks.

Transport links offering easy connectivity to London Underground, DLR, Riverboat services, and National Rail network are available from, Tower Hill (0.2mi), Tower Gateway (0.2mi), Tower Pier (0.4mi), and Fenchurch Street Station respectively. To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 2375200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 68750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 312700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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