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230 Borough High Street, London
£575,000
Bedrooms
Bathrooms
A spacious and bright newly refurbished three double bedroom apartment located on the third floor. This apartment comes with the unique benefit of off-street private parking within the development adding an extra layer of rare convenience and exclusivity in this prime part of London. A private parking space is included.
Benefits includes three double bedrooms, open plan kitchen reception area, bathroom with huge luxury bath and shower. Be the first to live in this large new residence laid across the third floor with no neighbours above you. Unique double aspect lateral apartment. Brand new kitchen with fridge/freezer, washing machine and full sized dishwasher designed in a dreamy Porcelain colour. With sleek wooden flooring and clean lines, mid century modern meets classic modern contemporary. Designed and carefully curated by a team of interior designers and artists to make a unique space.
Additional Features - Some features include huge period windows, high ceilings, brand new art and furniture, bedrooms with large beds and plenty of wardrobes and storage space, luxury large tiled bathroom with shower, bath, additional hand shower and sleek designer tiles.
Location - Located next to Borough tube station offering access to any other part of central London in minutes. Moments from the trendy Bermondsey street, the world famous Tate Modern museum, Borough market and the River Thames. Located a short walk across the River to the financial heart of London, the City. Perfect location for busy professionals, nest seekers or students.
Map location is not available for this property.
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.
230 Borough High Street, London
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