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93 Woolwich New Road, Woolwich, London
£560,000
Bedrooms
Bathrooms
Step into modern luxury with this exquisite seventh floor two-bedroom, two-bathroom apartment located in the prestigious Royal Arsenal development.
Embrace the epitome of urban living in this contemporary sanctuary.
The apartment is a total of 802 sq. ft, and comprises of a master bedroom with built in wardrobes, en-suite, a second double bedroom, main bathroom with a walk in shower and a spacious open plan kitchen living room, which leads onto a stunning south facing balcony with views of the river.
The kitchen includes fully integrated cabinets and comes with Neff appliances (full size dishwasher, microwave, electric oven, hob and full height fridge freezer). There is plenty of surface space for preparing food and ample cupboard storage.
Each room has floor to ceiling windows ensuring is bathed in light. Triple glazing ensures excellent temperature and sound insulation.
This apartment has a high-spec finish with high-quality wood flooring in the lounge, kitchen and hall, carpets in bedrooms and fully tiled bathrooms. There is a utility with washer dryer/general storage. The apartment and Hampton Apartments have EWS1 certification and NHBC warranty (5 years left).
The apartment has access to The Waterside Club which includes a residents only gym with state of the art fitness equipment, vitality spa pool and a 20-metre swimming pool, sauna and steam room, treatment rooms, private cinema, and 24-hour concierge and security. There are a number of residents sports societies and the Thames Path provides running (Park Run starts 2 minutes away every Saturday morning) and cycling routes to Greenwich & London Bridge, or, alternatively, out to Kent.
The Royal Arsenal Riverside development is incredibly well connected. The arrival of the on-site Elizabeth Line Station (crossrail) provides fantastic travel options. Get to Canary Wharf in 7 minutes, Liverpool Street in 14 mins, Soho in 21 mins, and Heathrow Airport in under an hour. Woolwich Arsenal Station is within 300 metres for South-Eastern Rail and Thameslink trains to all major stations, including London Bridge (25 mins) and St Pancras International/Kings Cross (38 mins). Meanwhile, the DLR located next to the mainline train station will get you to London City Airport in 7 mins and Bank within 27 mins The on-site Thames Clipper service offers a scenic journey into Greenwich, the O2, and down to the Houses of Parliament.
Plenty of amenities are at your doorstep in Royal Arsenal. From gastro pubs (Dial Arch, Guard House, Salt) to cafes (Jade Boulangerie, Dennas), to gyms (the Yoga Space, 7R CrossFit gym), to the new cultural centres of Woolwich Works and Punch Drunk, its the perfect place to set down roots.
Lease Length - 993 Years
Service Charge - 4142 PA
Ground Rent - 425 PA
Royal Borough of Greenwich - Band D
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.
93 Woolwich New Road, Woolwich, London
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