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£1,150,000
Bedrooms
Bathrooms
A Modern Three Bedroom, Three Bathroom Townhouse with an integral garage, beautifully located on the characterful cobbled streets of Wapping, London.
Arranged over four storeys the accommodation provides over 1500 Sq. ft (142 m) of living space, excluding the garage, and features a magnificent glass staircase running up through the building.
On the ground floor the entrance from the street has a wide well-lit hall way. The is a handy WC and a utility room, with basin, work top and storage cupboard. It also makes an ideal boot room with plenty of space for outdoor gear.
The first floor is home to a spacious, open-plan reception with patio doors leading to a modest balcony. Theres ample room for relaxing and dining and being South-facing its great for natural light. The well-appointed kitchen has a range of storage units, stone worktops and integrated appliances including a fridge freezer, dishwasher, oven, gas hob and extractor.
On the second floor there are two bedrooms with en-suite shower room and bathroom respectively. The principal bedroom is on the top floor. It has built in storage, an ensuite bathroom and a full-width, south-facing private balcony - an ideal spot for taking a morning coffee.
This home is fully double glazed and has gas central heating. Openreach and Hyperoptic offer broad band packages of up to 1Gb.
Situated within the Wapping Wall Conservation area, around the corner there is a picturesque riverside park with tennis courts. Fishing, swimming and canoeing on Shadwell Basin along with the Saturday artisan market. Across the street one of Wappings famous riverside pubs, the Prospect of Witby, and a host of treasures nearby that make Wapping such an idyllic place to call home.
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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