3 bedroom apartment for sale

£1,410,000

3

Bedrooms

2

Bathrooms

Floorplan

Brand new three bed, two bath apartment located on the 66th floor of the exclusive Landmark Pinnacle development, E14, offering unrivalled Easterly views of Canary Wharf, South Dock, O2 Arena and River Thames.

At 75 floors, Landmark Pinnacle is Londons tallest residential tower with views that extend out across Londons unmistakable monuments and waterways.

Luxurious apartments lead off elegant carpeted lobbies and are beautifully presented in a neutral palette of white walls, timber floors and brushed chrome and black ironmongery. The feel throughout is simple and sleek, with high-quality furnishings and fittings that complement, without detracting from, the spellbinding views across the water and landscape.

A stand-out feature of many of the residences is a winter garden which can be accessed from the living area and bedroom. It provides space to sit and even comfortably dine outdoors, bringing in the light and views without the accompanying drop in temperature.

As well as a private cinema, state-of-the-art amenities include a stunning 56th floor first class gym with a separate exercise studio and Pilates area. The 27th floor offers a magical childrens play area together with a more formal garden lounge for adults, lounge and library whilst the 75th floor is crowned by two roof terraces offering panoramic views across London.

Located at the western edge of Canary Wharf, excellent transport connections are available via Heron Quays DLR 0.3 mile, Canary Wharf London Underground 0.5 mile as well as the regular Thames Clippers river service 0.3 mile.

'Photos are of the show apartment, actual apartments may vary'

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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

£ 1177700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 35250
  • 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

£ 120200
  • 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

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  %

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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