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£317,500 Offers over
Bedrooms
Bathrooms
Welcome to the ultimate in luxury living! This brand-new, two-bedroom masterpiece is set within the prestigious Lancaster Wharf, right in the heart of Birminghams thriving business and education district. Sitting pretty on the second floor, this stunning apartment is finished to exacting standards, designed for those who demand the best.
Step inside and youll find a bright, open-plan living space, seamlessly blending style and functionality. The sleek, modern kitchen comes fully equipped with integrated appliances, while both bedrooms are generously sizedwith the principal bedroom boasting a stylish en-suite. Every detail, from the high-spec finishes to the secure entry system, has been crafted for comfort and sophistication.
But the luxury doesnt stop there. At Lancaster Wharf, youre not just buying an apartmentyoure stepping into a lifestyle. Residents enjoy access to a breath-taking rooftop terrace with panoramic city views, a state-of-the-art gym, a sophisticated residents lounge, and a stylish live/work lounge with private booths for remote working. This landmark 22-storey development is perfectly positioned for effortless city living.
Youre moments from Snow Hill Station, New Street Station, and the upcoming Curzon Street HS2 Hub, whizzing you to London in record time. Need to travel further? Birmingham International Airport, the M6, and M5 are all within easy reach. And when its time to play? Youre surrounded by Birminghams best, from the world-class shopping of the Bullring to the cultural gems of the Birmingham Museum & Art Gallery, plus a buzzing nightlife scene packed with bars, restaurants, and live music venues.
Whether youre a first-time buyer looking for the ultimate city pad or a savvy investor seeking high-end rental appealthis is an opportunity not to be missed.
Luxury. Location. Lifestyle. This is Lancaster Wharf. Are you in?
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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