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£570,000
Bedrooms
Bathrooms
Property Reference Number: 101747. Experience the epitome of modern luxury living in this stunning eighth-floor apartment located in the heart of South Quay Square, London E14. Spanning a spacious 69 square meters, this exquisite property features two generously-sized bedrooms and two elegant bathrooms, seamlessly blending comfort with style. The property boasts an impressive reception room and a dining room, perfect for entertaining guests or unwinding in a sophisticated setting. Step out onto your private balcony for breathtaking city views, or make use of the on-site gym, offering convenience and exclusivity just steps from your door. With meticulously designed interiors, this apartment strikes the ideal balance between luxury and functionality, making it a true gem in the bustling Tower Hamlets area.Getting Around:Situated in the vibrant South Quay Square, this apartment offers unparalleled connectivity and accessibility. Enjoy easy access to major roadways and public transportation, including the nearby South Quay DLR and Canary Wharf Underground Station, connecting you effortlessly to central London and beyond. The proximity to the A13 highway ensures quick commutes to key destinations. Whether you're heading to the office in the city or exploring the beyond, getting around from this prime location is effortlessly convenient, providing you with an ideal urban living experience.Local Life:Nestled in the dynamic community of Tower Hamlets, this property is surrounded by an abundance of local life and attractions. Discover a multitude of dining options ranging from upscale restaurants to cozy cafes, all within walking distance. Indulge in retail therapy at the nearby shopping centers, or take in a cultural experience with the rich selection of entertainment venues and cultural landmarks. The lively atmosphere of Canary Wharf is mere moments away, offering a unique blend of modernity and traditional charm. Experience a community thats vibrant, diverse, and full of life right at your doorstep.
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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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