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£2,800,000
Bedrooms
Bathrooms
A bright and spacious 3 bedroom penthouse apartment which has been recently refrubished to high specifications benefiting from direct lift access and fantastic westerly views.
This bright and spacious three-bedroom penthouse apartment has been recently refurbished to a high specification, offering a stylish and contemporary living space. Benefiting from direct lift access, the property is designed for convenience and modern comfort.
Positioned at the northern end of Princes Gate, the residence enjoys fantastic westerly views, providing a stunning backdrop to the well-appointed interiors. Its exceptional location offers easy access to Hyde Park and the Royal Albert Hall, placing some of Londons finest landmarks just moments away.
The property is also ideally situated for a range of shops, museums, and excellent transport connections in South Kensington, ensuring residents can enjoy both cultural attractions and everyday conveniences with ease.
Combining elegant design, outstanding views, and a superb location, this penthouse presents a rare opportunity to acquire a refined London home.
Council Tax Band: Ask Agent
Tenure: Share of Freehold
Lease length remaining: 961 Years
Service charge: Approx: 10,128 Per Annum
Ground Rent: Ask Agent
Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.
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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