3 bedroom apartment for sale

£1,695,000 Offers in excess of

3

Bedrooms

3

Bathrooms

Floorplan

This high specification three bedroom, three bathroom apartment with two balconies offers far reaching views of the city and the regent canal.

Benefiting from 24 hour concierge, gymnasium, swimming pool, sauna & steam rooms, cinema, and a 24th floor private residents lounge.

The apartment is finished to the highest specification throughout and benefits from a large open plan reception room with a stunning fully fitted kitchen, large floor to ceiling windows and doors opening onto a private balcony, making this an ideal space for entertaining, three double sized bedrooms, all of which have fitted wardrobes and large floor to ceiling windows with fantastic views. Three high specification bathrooms (two of which are ensuite showers). The apartment further includes high quality wood floors throughout and ample storage space; the large windows offer an abundance of light throughout.

The development is well-known for its high class facilities, including a 24 hour concierge, gymnasium, swimming pool, sauna & steam rooms, cinema room and entertainment areas including a pool table and a private residents lounge offering a bar and large terrace with views over The City.

Situated at the City Road Basin, the property is ideally located for access to the City, Angel Underground (Northern Line), Old Street (Northern Line and National Rail) and beyond this Moorgate and Liverpool Street. Many local amenities are within easy reach, including Shoreditch and Upper Street.

Situated on the 23rd floor with a private balcony and open far reaching views

Finished to a high standard throughout

Private underground parking

Three double bedrooms

Three bathrooms

High spec sound system with 65 TV

Miele kitchen appliances

Large open plan reception and high spec kitchen ideal for entertaining

Underfloor heating and air conditioning



Features
  • Freehold

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

£ 1430975

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
    £ 42375
  • 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

£ 159725
  • 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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