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£1,695,000
Bedrooms
Bathrooms
We are pleased to offer a modern three bedroom apartment in a new built Pinnacle House in the award winning Battersea Reach riverside development. The property comprises open plan reception, fully fitted kitchen, large private balcony, three bedrooms, three bathrooms (2 en suites). The property comes with a parking space.
Service Charge (Incl Ground Rent): 6,000.00pa
Tenure: 990 years remaining (Leasehold)
We are pleased to offer a modern three bedroom apartment in a new built Pinnacle House in the award winning Battersea Reach riverside development. The property comprises open plan reception, fully fitted kitchen, large private balcony, three bedrooms, three bathrooms (2 en suites). The property comes with a parking space.
The development offers 24 hours concierge service, residents only gymnasium and business centre with a private meeting room. Further on-site facilities included a coffee shop, a French patisserie, Tesco express, hair & beauty salon, Fitness studio, health care clinic, riverside nursery and a waterfront bar & restaurant.
Wandsworth Town and Clapham Junction (National Rail) stations are within easy reach for connections into central London and buses providing access across the river to Fulham & Chelsea. Thames Clipper river taxi service is now in operation also with the pier located just a few hundred yards from the development. Old York road is within close proximity with selection of boutiques, cafes, restaurants and shops along with Southside shopping centre in Wandsworth which offers a large selection of high street shops, a large Waitrose, Sainsburys and Cineworld multiplex.
Service Charge (Incl Ground Rent): 6,000.00pa
Tenure: 990 years remaining (Leasehold)
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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