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£800,000 Guide Price
Bedrooms
Bathrooms
Guide Price of 800,000 to 850,000.
This unique three-bedroom, two-bathroom duplex apartment is located on the 3rd and 4th floors of The Grainstore, a stunning warehouse conversion in the heart of Royal Victoria Dock. Originally constructed as a grain facility, this home offers a rare combination of historical charm and modern luxury. Retaining many original features such as exposed brickwork and large windows, this apartment is the perfect blend of character and contemporary living.
As you enter on the 4th floor, youre welcomed by a vast open-plan living area with exceptionally high ceilings and an abundance of natural light, making the space feel open and airy. The living area flows seamlessly into the open kitchen, complete with original fittings and integrated appliances, offering a stylish and practical space for modern living.
Downstairs, youll find three generously sized double bedrooms, including a principal bedroom with an en-suite shower room, as well as a family-sized bathroom. The apartment also boasts a private balcony, ideal for enjoying the outdoors.
Located just moments from the Elizabeth Line, The Grainstore offers fantastic transport links to Central London. The surrounding area is brimming with local attractions, including ExCeL London, The O2 Arena, and the expansive Greenwich Park. Take in stunning views from the Emirates Air Line Cable Car, or explore the rejuvenated Royal Victoria Dock, offering delightful promenades, dining, and cultural experiences. With 178 years remaining on the lease, this apartment offers the perfect opportunity to own a piece of Londons rich history while enjoying all the benefits of modern living.
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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