3 bedroom flat for sale

£4,995,000

3

Bedrooms

3

Bathrooms

Floorplan

Occupying the entire second floor of this handsome period building in prominent position overlooking Covent Gardens iconic Piazza, this generously proportioned three bedroom lateral apartment offers a level of space and specification rarely available in Londons West End.

The Henrietta occupies a prominent position on the corner of Covent Gardens iconic Piazza, with commanding views over the historic Inigo Jones designed market buildings towards the London Transport Museum and world renowned Royal Opera House.

Converted in 2012 from a former office building as part of the regeneration of the historic Covent Garden estate by custodians Capco, The Henrietta is without doubt one of the West Ends most prestigious luxury residential addresses, comprising only four grand apartments, all within this imposing and lovingly refurbished period building, and one of only a handful of residential buildings directly overlooking the Piazza.

Occupying the entire second floor with direct lift access, this generously proportioned three bedroom lateral apartment offers a level of space and specification rarely available in Covent Garden. Architects created graceful livings spaces, restoring many of the buildings handsome original features with grand windows and generous proportions, complemented by a fully modern specification including integrated heating/cooling systems, underfloor heating, programmable lighting, high specification kitchens, beautiful marble bathrooms and wonderful craftsmanship in the bespoke joinery throughout.

This imposing corner buildings prominent position amongst iconic London landmarks including The Royal Opera House, Covent Gardens Market Building and St. Pauls Church with its tranquil public gardens to the rear, affords residents a rare opportunity to live in the very heart of the West End in an area recognised as Londons premier cultural, retail, leisure & entertainment destination. The Henrietta and its sister building The Russell are served by a dedicated Building Manager, as well as the 24 Hour Covent Garden Estate security team.

Henrietta Street is one of Covent Gardens most sought after addresses, with notable restaurants including Frenchie, Oystermen, Cora Pearl and Taiwans legendary Din Tai Fung, as well as nearby Balthazar, Sushi Samba and The Ivy Market Grill. The Henrietta Hotel has a fantastic cocktail bar & restaurant, and just off nearby King Street, Floral Court provides a tranquil oasis with fantastic al-fresco dining at Petersham Nurseries La Goccia & and The Petersham.

A plethora of luxury fashion & beauty retailers rub shoulders on the doorstep, including Tom Ford, Gucci, Tiffany & Co, Aesop and of course the Londons flagship Apple Store. The Royal Opera House dominates the piazza with the world renowned resident Royal Ballet & Royal Opera, along with many well-known London Theatres within only a few minutes walk, being home to some of the worlds most popular stage shows.

There are a number of transport options Covent Garden (Piccadilly Line), Leicester Square (Piccadilly & Northern lines), Charing Cross (main line train, Northern & Bakerloo lines).

What we love Outstanding lateral space
Beautiful proportions
Commanding Piazza Views
Imposing Period Building
Comprehensive specification.

What you need to know Second floor with direct lift access
Building Manager and 24hr estate security
Integrated heating/cooling system
Leasehold 990 years approx
Service Charges - tbc.



Features
  • Freehold

Nearest Stations:

0.12 miles
Covent Garden
0.21 miles
Leicester Square
0.24 miles
Charing Cross
0.28 miles
Embankment
0.41 miles
Temple

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 4384475

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 124875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 638225
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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