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£2,750,000
Bedrooms
Bathrooms
This immaculate two/three bedroom penthouse apartment is found on Broad Court, one of Covent Gardens most characterful, pedestrianised streets. This property benefits from having a fabulous double aspect open plan reception room with access to a private roof terrace from which there is a south facing view towards the Opera House.
This immaculate two/three bedroom penthouse apartment is found on Broad Court, one of Covent Gardens most characterful, pedestrianised streets. This property benefits from having a fabulous double aspect open plan reception room with access to a private roof terrace from which there is a south facing view towards the Opera House. The master bedroom has a dressing room area that leads on to the generous en-suite bathroom. There is also a second bedroom, shower room and a third room off the reception room that could either be used as a study or third guest bedroom.
This apartment is perfectly placed in a central Covent Garden location, close to the many desirable retail boutiques of the piazza. Theatres, bars and restaurants are also in abundance.
Local transport links include, Covent Garden, Leicester Square, Holborn & Tottenham Court Road underground stations.
What we love: Private roof terrace
Great natural light
Double aspect reception room
Spacious master suite
Seconds from the beautiful NoMad hotel.
What you need to know: 4th floor (top floor)
Leasehold - 988 years remaining
Service charge - approx 6,350 per annum
Ground rent - 500 per annum.
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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