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£330,000 Guide Price
Bedrooms
Hue Homes is delighted to offer this modern and luxurious one-bedroom apartment located on the 12th floor of Bawley Court, part of the sought-after Royal Dockside development.
Boasting stunning river views, this bright and spacious apartment features a generous double bedroom, a contemporary three-piece bathroom, and a stylish open-plan lounge and kitchen area. A large private balcony provides the perfect space to relax while enjoying uninterrupted river views. Additional benefits include a convenient storage cupboard and high-spec finishes throughout.
Royal Dockside is part of an ambitious regeneration project in East London, perfectly positioned within walking distance of Galleons Reach DLR Station, the University of East London, and the upcoming Asian Business Port. Excellent transport links connect residents to Canary Wharf, London Bridge, Westminster, and the West End via the Jubilee Line from nearby Canning Town. London City Airport is also just a short distance away, providing swift access to European destinations.
Completed: February 2017
Lease: 199 years from 2017
Current Rental Income: 1,500 per month
Total Internal Area: 71 sqm
Contact us today to arrange an internal viewing.
Map location is not available for this property.
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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