2 bedroom flat for sale

£450,000

2

Bedrooms

2

Bathrooms

Floorplan

NEXA Bristol are delighted to offer this spacious 2 double bedroom apartment in the heart of Wapping Wharf. The property seamlessly combines modern comfort and historical charm, offering a perfect retreat. Immerse yourself in the vibrant waterside community, enjoy local boutiques and restaurants, and relish summer evenings from your balcony. This is more than a home; its an invitation to the enchanting world of Wapping Wharf living.

Full Description - Introducing this beautifully presented second floor apartment in Wapping Wharf. With a desirable private balcony overlooking the river, this spacious waterside apartment is light and airy with stylish, contemporary fixtures and fittings.

This well-proportioned property features an open plan kitchen/living layout with engineered oak flooring throughout. A river facing balcony is accessed by double glazed doors from the living room making it perfect for entertaining. The fully integrated kitchen is fitted with sleek grey units with appliances including a fridge/freezer, dishwasher, microwave and electric oven with hob.

The hallway incorporates useful storage, including a large utility cupboard, and leads onto two generous sized double bedrooms. The luxurious master bedroom comes complete with a 3 piece en-suite shower room and built in storage. The second bedroom has large floor-to-ceiling windows offering plenty of natural light and the nearby family bathroom hosts a bath with a large, modern vanity unit.

Further benefits include one allocated parking space in the underground car park, a video entry security system and secure bike storage for residents.

Wapping Wharf has everything for Bristol living right on your doorstep. With local restaurants and businesses located in the famous CARGO units just outside your door. The proximity of the flat is also within walking distance of Temple Meads, Cabot Circus and Bristol City Centre.

Additional Features
Contemporary style high-gloss fitted kitchen with Silestone quartz worktop and integrated appliances
Engineered oak flooring throughout
Two Porcelanosa supplied bathrooms including en-suite
Centralised heating system & Aluminium double glazing
MHVR whole house ventilation & recovery system
Video Entry System
Communal bike store
EPC Rating = B

Dont miss the opportunity to make this extraordinary property your own and experience the unparalleled allure of Wapping Wharf living.

TENURE:
Leasehold for the remainder of a 250 year lease which commenced on 1 December 2014. Ground rent payable of 300 per annum
SERVICE CHARGE:
The service charge is approx 2,800 per annum which is paid in two equal 6 month instalments.
LOCAL AUTHORITY INFORMATION:
Bristol City Council. Council Tax D

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

£ 373950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 11250
  • 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

£ 36450
  • 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

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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

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  • 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

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  %

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.

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