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£580,000 Offers in excess of
Bedrooms
Bathrooms
Property Reference Number: 667188. Welcome to luxury living at South Quay Square, located in the heart of Canary Wharf, London. This spacious 7th-floor apartment spans 69.95 sqm and offers unparalleled city views. Featuring two well-appointed bedrooms and two modern bathrooms, this home offers comfort and style in equal measure. The open-plan reception/kitchen area is perfect for entertaining, while the private balcony provides a serene spot for relaxation. Experience the best of both worlds with contemporary design and urban convenience.Declaration of Interest:In accordance with the Estate Agency Act 1979, we hereby declare that a family member of an individual associated with this business has a personal interest in the sale of this property. For further details, please do not hesitate to contact us directly.Getting Around:South Quay Square offers excellent transportation links, making commuting and city exploration effortless. The Canary Wharf Underground Station (Jubilee Line) is just a short walk away, connecting you to key areas such as London Bridge, Waterloo, and Westminster. The DLR (Docklands Light Railway) provides easy access to the City, Stratford, and beyond. Major road networks, including the A13 and A1206, are also conveniently close. London City Airport is just a 15-minute drive, making international travel hassle-free.Local Life:Living in South Quay Square provides access to an array of local amenities and vibrant community life. Canary Wharf is renowned for its shopping centres, high-end restaurants, and chic cafes. Enjoy riverside strolls and green spaces like Jubilee Park. The area also offers cultural landmarks such as the Museum of London Docklands. Fitness enthusiasts will appreciate the proximity to gyms and leisure centres. Whether you're looking to explore vibrant nightlife or enjoy a laid-back weekend brunch, South Quay Square has something for everyone.
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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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