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15 Cobblestone Square Wapping, London
£325,000 Offers in excess of
Bathrooms
An extremely rare opportunity to purchase a studio apartment with a PARKING SPACE INCLUDED in 21 Wapping Lane! Looking out towards the impressive City of London skyline this studio suite apartment located within Park Vista Tower, part of the sought after 21 Wapping Lane development is not to be missed. Positioned on the5th floor and encompassing c.366 sq ft, the property comprises an open plan reception/living area leading onto a private balcony, a stylish kitchen with integrated appliances and a luxury marble effect bathroom. This property offers beautiful interior finishes and is perfectly placed between the City to the west and Canary Wharf to the east.
Wapping is famously one of Londons oldest village settlements, having survived the 20th century with much of its historic maritime character intact. The development at 21 Wapping Lane brings a new interpretation of riverside life in distinct, but sympathetic contrast to the old Wapping, an injection of bright urban vitality. Offering exclusive resident facilities including a Cinema Room, Gym and Hydro Pool, the development is also within walking distance to transport links and the popular area of St Katherines Dock.
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.
15 Cobblestone Square Wapping, London
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