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264 Westferry Road, London
£900,000
Bedrooms
Bathrooms
Reception
This beautiful, new build, 2 double bedroom 2 bathroom apartment is located in the luxury development The Hoola West Tower and offers unbelievably stunning views across London City
This stunning apartment boasts floor-to-ceiling windows allowing an enormous amount of natural light to flood the open plan living space and kitchen and double bedroom's, a large wrap-around private balcony with direct access from both the bedrooms and living space.
Both double bedrooms are exceptionally spacious and have built-in fitted wardrobes with mirrored doors.
The apartment has the added benefits from underfloor heating, comfy cooling system and has extensive of storage place.
This fantastic location includes local amenities and bars and being so close to local amenities and only a short journey into Central London making this a perfect new home for commuters, various transport links include Royal Victoria DLR and various bus routes.
Tenure: 999 years
Service charge: 4.25 per sq ft per annum
Ground rent : 450.00 per annum
Rent Achievable: 485.00 per week
Deposit of 2,500 to secure the property today!
Landmark Estates also offer a professional and efficient Lettings and Management Service.
If you are considering renting your property, to purchase or are looking at buy to let investments or would like a FREE no obligation valuation of your current portfolio then please feel free to contact us today and we will endeavour to assist anyway possible.
We also offer a FREE online valuation tool for your property, click HEREto find out what your property is worth
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.
264 Westferry Road, London
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