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£10,130,000
Bedrooms
Bathrooms
Lux Homes are excited to offer this ultra-modern penthouse located in the ever-popular area of Nine Elms. A new eye-catcher on the London City skyline consisting of 50 storeys and 360 brand new homes. Along with jaw-dropping panoramic views from level 40. Enter our world-class designed residences made to create an inspiration in luxury living, inside and out. Choose from studios to one, two and three-bedroom arrangements, finished to the highest standards, with special winter gardens, offering stunning panoramic views of the city.
This newly built property in Nine Elms is perfectly placed to sample all the delights that the London lifestyle has to offer. From its electrifying nightlife to its rich art and culture being home to some of the worlds most famous art venues such as the Tate Modern, Hayward Galleries and Saatchi Art Gallery. You will never run out of things to do living in the heart of London.
Nine Elms is already home to the New Covent Garden Market, the brand-new US Embassy and Battersea Power Station, a cherished feature of the London skyline. Its also blessed with almost two miles of Thames River frontage and will be lined with cafs, bars, restaurants, cultural attractions and public space as part of the planned regeneration. Whats more, a new linear park will make it one of the greenest districts on Londons South Bank and will create 50 acres of new public space. All this, and a host of other historic landmarks within a short distance.
In the heart of London, you are never too far from anything: 40mins to Heathrow & Gatwick Airports, 5mins train to Waterloo station, 3mins train to Victoria station, 3mins walk to Vauxhall station, 12mins drive to Buckingham Palace, 14mins drive to Knightsbridge, 16mins train journey to London Bridge, 18 mins train journey to Kings Cross/St Pancras International. You are in the hotspot of London.
Upon entering your new home, you are met with The Grand Lobby. A peaceful ambience greets you when you as you enter. Amazing you with high mirrored-gloss marble imported from Italy and plush designer seating to a seamless play of light and design. Upon making your way up to your home on the higher floors you are met with a variety of high-class amenities ensuring you have maximum peace and comfort during your residency. The amenities include:
'Private Cinema: The in-house cinema promises an intimate viewing experience without leaving home.
'Kids Play Area: Visit the 24th floor for a 2,034sq ft sunlit playground complete with books, games and toys for your little ones.
'Residents Lounge: With a stunning view of the roof gardens and London City, enjoy some downtime in this luxury space thats exclusively for residents.
'Rooftop Gardens: Soak in the sun in one of three spacious terraces designed for landscaped gardens, glorious 360-degree vstas and ample outdoor space.
'Gym With A View: With a state-of-the-art gym located on the 24th floor, run to a different view of the world with your daily workout.
'Elevated Housekeeping: Watch as your every request is taken care of by a team of professionals trained to deliver excellence at every step of the way.
'Health & Wellness: Located on the 23rd floor, unwind with our ultra-modern spa, jacuzzi and pool facilities accompanied by serene city views.
'Concierge: Take advantage of five-star concierge services 24 hours a day. No request is too much trouble for the dedicated and knowledgeable staff.
'Housekeeping: The discreet and thorough staff members are available to come to your home and offer various levels of service, to a schedule that suits you.
'At-home dining: You can be provided with a selection of dining options to accommodate your taste and requirements - from a romantic meal for two to a full banquet or a buffet to accompany a cocktail party.
'Valet: You need never worry about parking your car. Just arrive home and well do the rest. Let us know when youre heading out and well have it ready and waiting.
Nine Elms has a lot to offer. Entering your apartment, you are greeted with luxury and comfort with every corner, every space encouraging you to wind down and relax. The opulent interiors are defined by exquisite gold and pattern finishes creating the ultimate living experience.
From open plan designer kitchen spaces, carefully designed with your best interest at heart, large living rooms and bedrooms featuring dark wooden designer flooring set the tone of class and opulence. Feel an array of emotions as you step out onto your terrace/balcony at your apartment allowing you to take some fresh air taking in the astonishing city views that London has to offer. Watch life go by as you wind down in your new home. Everything you need is here
Tenure: Leasehold (999 years)
Ground Rent: 1,000 per year
Service Charge: 10.60 per square foot (estimated)
Payment Terms: 5,000 reservation deposit for studios, 1 & 2 beds; 10,000 reservation for 3 beds and penthouses
10% of the purchase price (less reservation deposit) is payable on exchange of contracts within 21 days of reservation
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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