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£3,250,000
Bedrooms
Bathrooms
This stunning penthouse apartment, immaculately presented throughout, is set within a highly sought-after warehouse conversion just moments away from Old Street. With a share of the freehold, this residence combines luxury, space, and character in a remarkable way.
Spanning approximately 2,745 sq. ft. of premium living space, the apartment also boasts exclusive use of an expansive private roof terrace of around 1,188 sq. ft., perfect for outdoor living and entertaining. '''DISCLAIMER - Photos of terrace space show decking which is no longer in place''' The apartment is brimming with charm, from its soaring ceilings and striking industrial windows to its exposed steel beams, all contributing to its unique character.
As you step inside, a welcoming hallway leads you into the heart of the home: a spectacular open-plan reception area over 36 ft. in length. This impressive space is bathed in natural light, thanks to the apartments dual aspect and six large industrial windows that wrap around the south and west sides. The expansive living area currently accommodates two reception spaces, a dining area, bar, and a bespoke open-plan kitchen, ideal for hosting and entertaining. A spiral staircase offers access to the rooftop terrace, enhancing the apartments appeal.
The accommodation comprises a luxurious principal bedroom with a walk-in wardrobe, an en-suite bathroom, and a striking roll-top clawfoot bath. There are two additional spacious double bedrooms, both with en-suite bathrooms, as well as a separate WC and a large utility/storage room.
Additional features include secure underground parking for one space and the potential to expand, as the apartment previously had planning permission for an extra 600 sq. ft. of living space on the top floor.
Situated just off City Road, the Shepherdess Walk Building is at the heart of Tech City, an area experiencing significant regeneration and investment, attracting leading global tech companies. Old Street Tube Station is within easy reach, along with frequent bus services along City Road to both the City and West End, making this a prime location for work and leisure. The City itself is also easily walkable.
Offered with no onward chain, this extraordinary property is a rare find in an ever-evolving part of London.
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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