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£895,000
Bedrooms
Bathrooms
A Vast, three-bedroom, three-bathroom apartment with a balcony over the river and secure underground parking in a stunning period warehouse conversion in Rotherhithe.
Dating back to 1883, Globe Wharf was faithfully restored and converted in 1999 to the iconic grade 2 listed building we have today, whilst retaining many of the wonderful sought-after period characteristics and charm that discerning buyers are looking for.
This apartment is located on the 1st floor and offers nearly 1500 Sq. Ft of internal accommodation arranged as three double bedrooms, with two ensuite bathrooms. An additional shower room with WC. A separate fully fitted kitchen with integral appliances and a spacious reception with ample room for a large dining table. A private balcony offers uninterrupted, wide-ranging views of the River Thames.
Featuring exposed original brick work and internal iron columns there is the feeling of solidity and security that exudes from a building that has been around for a couple of hundred years. The old is brought up to date with modern fixtures and fittings, gas central heating double glazed windows and ultrafast broadband availability. The apartment also benefits from secure underground parking, use of the residents gym, pool, spa and sauna. And a luxurious entrance foyer with concierge service.
The geography of Rotherhithe offers residents the opportunity to be well located in the City; close enough for transport links but far enough for the noise and bustle to enjoy a quieter life if desired. Nearby are the green spaces of Stave Hill Ecological Park, Riverside pubs and restaurants or Shopping at Canada Water just a 15 minute walk away. The Jubilee line at Canada Water station can get you to Green Park in 12 minutes or Canary Wharf in just 2 minutes.
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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