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£2,750,000
Bedrooms
Bathrooms
This bright duplex penthouse is arranged over the top two floors of a recently completed and beautifully finished modern development located between Covent Garden & Soho in the very centre of Londons vibrant West End, featuring three bedrooms, two private roof terraces and a wonderful contemporary specification.
This bright duplex penthouse is arranged over the top two floors of a recently completed and beautifully finished modern development located between Covent Garden & Soho in the very centre of Londons vibrant West End.
Finished to an exceptional standard mixing both traditional & modern architecture with a contemporary specification and a light, airy feel throughout, the apartment features two private roof terraces on the upper level, one south facing and accessed via bi-fold doors from the well proportioned open plan living area, offering fantastic and flexible entertaining space. A high-spec gloss kitchen featuring quartz worktops, glazed splashbacks and Miele integrated appliances is neatly tucked away from the main living space.
The master bedroom suite features bespoke joinery, a beautifully appointed en-suite shower room and its own private terrace. Two further bedrooms are located on floor below accessed by a contemporary oak tread staircase with handsome glass balustrades, both bedrooms offering plentiful storage and sharing a large family bathroom.
Comfort cooling and well considered lighting feature throughout the apartment.
Located to the southern end of Long Acre linking Upper St. Martins Lane and Charing Cross Road, the whole of the West End is literally on the doorstep. Countless restaurants, boutiques, luxury retailers, coffee shops, bars, clubs and more are to hand, not to mention the excellent transport links from nearby Leicester Square, Covent Garden and Charing Cross stations.
Great Newport Street has a rich and varied history dating back to the early 1600s when it was first earmarked for development by the then Earl of Salisbury and named in honour of local resident Mountjoy Blount, Earl of Newport. Large houses were built on the north side of the street and it became a desirable address for the gentry with numerous Lords, Ladies, Earls & Viscounts as residents. Latterly, the street became popular with nobles of a more artistic disposition, with a number of painters and sculptors taking up residence on the street. The artistic atmosphere has continued to the present day with the legendary Arts Theatre being a permanent fixture on the street since it opened in 1927.
What we love: Two private roof terraces
Roof top views
Wonderful light throughout
Lovely contemporary specification
Right in the heart of the action.
What you need to know: Recently developed building
Arranged over two floors
Lift
Leasehold - 997 years approx
Service Charge tbc.
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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