2 bedroom apartment for sale

£699,995

2

Bedrooms

2

Bathrooms

Floorplan

A STUNNING CORNER PENTHOUSE apartment in Roosevelt Tower the pinnacle building in Manhattan Plaza. Situated in the perfect position with south facing views of canary Wharf and west facing views towards the City this high specification abode was once used as the show apartment for the development. The interior design is simply fabulous, curated by professionals to show the apartment at its best. It exudes quality and style. The generous rooms sizes, high ceilings and plentiful windows tell you that you have arrived. There is also a magnificent residents gym and roof garden which offers panoramic views of the Capital.

Manhattan Plaza means living just 10 minutes walk from the Canary Wharf peninsula, as well as being fantastically close to two of the most innovative transport modes the Capital has seen. Directly opposite is the new Crossrail station - a new route connecting East and West of the Capital will place Manhattan Plaza a remarkable 39 minutes from Heathrow Airport in 2019. With its landmark lattice roof crowning a cityscape roof garden with views over Docklands and beyond as well as its stylish hub of shops, restaurants and bars. Together with the Blackwall DLR station on the automated metro network taking in Bank and Tower Gateway, Stratford City, Canary Wharf and London City Airport, this quarter of the Capital has unrivalled connections. With a pulsating energy that comes from 100,000 workers arriving each day, Canary Wharf is a work hard lifestyle - with an after-hours culture to play even harder in the trendiest restaurants and watering holes. Car valets on the wharfside, late-night whisky joints and spots for a breakfast bagel and coffee. Dry-cleaners and dental care, sports clubs, luxury spas and barber shops provide everything you need for life around The Wharf.
SPECIFICATION

KITCHEN

o High gloss finish, handleless fitted units from London designer Urban Myth
o Stone worktops
o Fully integrated Siemens induction touch control hob, oven and microwave
o Smeg dishwasher, fridge/freezer and washer/dryer
o Felmac Mira stainless steel extractor hood
o Feature lighting under wall units
o Full height glass splashback

BATH & ENSUITE SHOWER ROOMS
o Villeroy & Boch sanitaryware
o Bath with overhead rain shower, thermostatic
mixer & glazed screen
o Large shower enclosure to ensuites
o Contemporary ceramic tiling
o Large vanity mirror
o Bespoke cabinetry with built in storage & low voltage socket
o Two towel rails

FIXTURES & FITTINGS
o Upgraded wardrobe to main bedroom with sliding
& mirrored doors
o Satin chrome door handles
o Downlights to living room
o Full height entrance and apartment doors
o SkyQ, TV & telephone outlets to living room, with TV outlets to all bedrooms

FLOORING
o Kitchen, living room & hallway in engineered timber
o Bedrooms carpeted in a warm, neutral colour tone with velvet pile

GENERAL FEATURES
o Concierge service
o Private residents gymnasium
o Two landscaped private residents roof-top gardens
o Underfloor heating
o Outside space to all apartments
o Basement car parking
o Communal bicycle storage
o Comfort cooling to apartments

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

£ 580195.875

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 17499.875
  • 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

£ 55199.625
  • 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

£
  • 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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