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£520,000
Bedrooms
Bathrooms
Property Reference Number: 100664. Welcome to luxury living at Discovery Dock Apartments West, an elegant apartment located in the heart of London€™s vibrant E14 district. This exquisite property on the 11th floor offers one spacious bedroom and one modern bathroom, all set within 60 square meters of meticulously designed living space. Featuring an open plan reception/kitchen area, this apartment is perfect for both relaxation and entertaining, while the private balcony provides stunning views of the iconic London skyline.Getting Around:Conveniently situated in Tower Hamlets, this luxury apartment offers exceptional accessibility to key parts of London. The Canary Wharf Underground Station and DLR are just a short walk away, providing swift connections to the City, the West End, and beyond. For those driving, the nearby A1261 and A13 offer quick routes to Central London and the M25 motorway.Local Life:Experience the vibrant London lifestyle right at your doorstep. Discovery Dock Apartments West is surrounded by a plethora of restaurants, trendy cafes, and chic bars, making dining out an everyday delight. Shopaholics will appreciate the close proximity to Canary Wharf Shopping Centre, which boasts an array of high-end retail stores. For leisure, enjoy nearby green spaces like Jubilee Park or take a scenic stroll along the Thames. With cultural landmarks and entertainment venues within easy reach, this area is brimming with unique experiences for every resident.
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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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