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£1,075,000
Bedrooms
Bathrooms
Reception
Property Point is delighted to present this Newly Build 1 Bed Flat for Sale located on Principal Place, Worship Street, and Greater London EC2A.
The Flat consists of 1 bedrooms, 1 Bathrooms, and an open-plan kitchen with a terrace for sale in the iconic new Principal Tower in Shoreditch. The stunning high-specification apartment is the best in modern, luxurious living. This apartment features open-plan living areas, bespoke contemporary kitchens with integrated Mille appliances. Bedrooms and bathrooms are fitted to the highest standard with bespoke fixtures and modern interiors. Residents will also enjoy the benefits of a pool, spa, state-of-the-art gym, cinema, 24-hour concierge, and residents Lounge.
Principal Tower has stunning panoramic views across the skyline of the City of London and has easy access to five major transport hubs within walking distance of the development. The development is located just a short distance from several transport links including Liverpool Street station, providing access to both Underground and Rail Services for commutes to key destinations.
Local Amenities: The Lyceum 0.1 miles; London Liverpool Street 0.2 miles; Central Foundation Boys School 0.3 miles; Liverpool Street 0.3 miles; These distances are calculated in a straight line. The actual route and distance may vary.
This property which is inclusive of the property portfolio boasts investors due to the long term income at the best possible rate.
Property features:
'Walking Distance from Liverpool Street Station
'Foster & Partners Exterior and Interior design
'High Spec Luxury Apartments
'Sauna Steam and Jacuzzi
'Good Transport Links
'1-Bedroom
'1-Bathroom
'Open Plan Kitchen
'24 Hour Concierge
'Swimming Pool
'Private Terraces
'Cinema Room
'Gymnasium
'City Centre
'Spa
'Available Now - Best Investment Opportunity
An opportunity not to be missed. Please do not hesitate to call on 0208 090 4082 or WhatsApp: 07377158224.
Tenure: Leasehold (987 years)
Map location is not available for this property.
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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