3 bedroom apartment for sale

£2,500,000

3

Bedrooms

2

Bathrooms

Floorplan

Stunning Three Bedroom Apartment | Panoramic Views Of The River Thames | Two Luxury Bathrooms | 1,507 Sq Ft | Valet Parking | Luxury Swimming Pool | 24 Hour Concierge | Luxury Gym | Close To Vauxhall Underground & Mainline Stations | Victoria Line | Floor to Ceiling Windows | Winter Garden |

A gorgeous three-bedroom apartment in this iconic, prestigious development is presented to a high standard offered to the market.

Measuring over 1,500 square feet, the apartment boasts three double bedrooms with built in wardrobes, two luxury bathrooms , one being ensuite to the principle bedroom and breath-taking panoramic views over the River Thames towards The London Eye, The City and Battersea Power Station.

Residents of The Tower also benefit from first-class residents amenities including residents lounge areas, business suite and a sublime gymnasium, swimming pool and spa.

The Tower is ideally located moments from Vauxhall mainline, underground, river bus and bus stations. With convenient access to the Victoria Line and national rail links to Waterloo and the South West making the whole of London accessible in minutes.

Green Park in 3 stops, Oxford Circus just 4. Mainline provides a swift journey (under 5 mins) to Waterloo where the Waterloo & City line provides a convenient link to Bank and the Jubilee Line will deliver you to work in Canary Wharf in under 20 minutes.

Nine Elms tube station, which is serviced by the Northern Line, and the delights of the Battersea Power Station restaurants, bars and shopping and Battersea Park are all within walking distance.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 2151450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 62500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 276450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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