3 bedroom apartment for sale

£1,635,000

3

Bedrooms

3

Bathrooms

Welcome to the epitome of luxury living at Canaletto Tower. This prestigious 3bedroom, 3-bathroom apartment is a haven of sophistication, offering unparalleled comfort and convenience. The property boasts a panoramic river view, providing a breathtaking backdrop to everyday life. Priced at 1,690,000, this apartment is the epitome of refined urban living.

Step into a world of opulence and modernity with a range of exceptional amenities at your fingertips. The building features a state-of-the-art gym, a tranquil swimming pool, and a stunning roof terrace, perfect for unwinding while taking in the mesmerizing cityscape. The property is equipped with double glazing, underfloor heating, and comfort cooling, ensuring a comfortable and stylish living environment throughout the year. The apartment also includes a home cinema, a business suite, a video entry system, and a guest cloakroom for added convenience.

Located in the heart of London, this apartment offers unrivaled access to an array of facilities. The property is surrounded by an abundance of shops, supermarkets, and restaurants, including the Co-op (0.08km), The Bell & Whistle Restaurant (0.11km), and Kings Bakery (0.25km). For families, Stem Academy (0.16km), Moreland Primary School (0.28km), and Hanover Primary School (0.43km) are within close proximity, ensuring quality education for your children.

Furthermore, the apartment is conveniently situated near public transport options, including the Angel, Central Street bus stop (0.26km), Old Street railway station (0.71km), and Farringdon railway station (1.23km), providing effortless connectivity to the rest of the city. Additionally, the property is in close proximity to healthcare facilities such as the Corona Test Centre (0.32km) and UCL Old Street (0.51km), ensuring peace of mind for you and your family.

For those seeking leisure and entertainment, the location offers access to fitness clubs, nightlife spots, cinemas, parks, and more. With its prime location and an array of conveniences nearby, this apartment presents an exceptional opportunity for luxurious urban living in a vibrant and thriving community.



Features
  • Freehold

Map location is not available for this property.

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

£ 1377275

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 40875
  • 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

£ 151025
  • 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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