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264 Westferry Road, London
£735,000
Bedrooms
Bathrooms
Reception
This Beautifully designed two double bedroom apartment and two bathrooms apartment is available to purchase and move into immediately!
A brand new home including a hugely spacious open plan living/ding area and kitchen with floor to ceiling windows allowing plentiful natural light to soak into the apartment and an impressively sized private balcony with direct access from both the bedroom and living area.
The apartment also has the added benefits of access to the private leisure facilities including a well-equipped gym, residents' lounge and the comfort and security of the concierge services. Transport Links include:
Minutes walk to Royal Victoria (DLR Line) and new Crossrail Interchange.
Short walk to Canning Town station on Jubilee line. Easy access to Canary Wharf, the City and the West End.
15 minutes journey by Emirates Airline Cable car from the O2 to the Excel.
Tenure 999 years
4.25 per sq ft per annum
Ground Rent 450.00 per annum
Rent Achievable 430.00 per week
Deposit of 2,500 to reserve 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.
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