Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£440,000 Guide Price
Bedrooms
Bathrooms
''' SUB-PENTHOUSE 1 BED ''' Located in the dynamic Hoola development is this striking one bedroom penthouse apartment situated on the 22nd floor with smart and contemporary interiors and superb views across London.
With a generous 687 sq ft of living space the apartment comprises of a double size bedroom with fitted carpets, a separate dressing area with built-in wardrobes a contemporary kitchen with integrated appliances, modern bathroom with mirrored storage cupboard and an open plan living area with access to the private balcony where an abundance of light compliments the size. The apartment offers plenty of storage space including in the hallway with a double storage cupboard also housing the washer/dryer.
The apartment shares the facilities of the residents gym, residents lounge, and the comfort and security of a 24 hour concierge service, NHBC warranty and 991 year lease.
Hoola is set within the heart of the Royal Docks regeneration zone. Walking distance to Custom House Elizabeth line within close proximity to Excel and London City Airport, and a stones throw from the Emirates Cable Cars.
Transport Links include Royal Victoria DLR station and new Crossrail Interchange both within minutes walking distance. A short walk to Canning Town station on Jubilee line. The A12 and A13 are both easily accessible by car.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
