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£2,999,950
Bedrooms
Bathrooms
Located in a prominent position on one of Covent Gardens most desirable streets, this well proportioned three bedroom apartment occupies the top two floors of a handsome yellow brick building with an original facade dating back to 1874.
Located in a prominent position on one of Covent Gardens most desirable streets, this well proportioned three bedroom apartment occupies the top two floors of a handsome yellow brick building with an original facade dating back to 1874.
Offering bright open living spaces with a modern feel and views over the tranquil St. Pauls Church Gardens to the rear this wonderful duplex penthouses generous accommodation is the perfect urban retreat.
There is direct lift access to both floors, with the fourth floor comprising a large principal bedroom suite, a guest suite, further bedroom with separate shower room, plus a study ideal for home working and separate laundry area. A modern architectural staircase links the two floors, with the upper floor opening out as a bright open plan space, ideal for entertaining or just for getting away from the hustle & bustle of city life.
King Street is one of the West Ends most sought after addresses, being part of the Covent Garden Estate and located close to iconic London landmarks including The Royal Opera House, Covent Gardens famed Italianite Piazza and St. Pauls Church with its tranquil public gardens.
Being located in the very heart of London, residents are perfectly positioned to travel and explore on foot. The West End, Mayfair, the South Bank and River Thames and many of Londons wonderful parks and open spaces are within easy reach, as well as the City of London.
What we love Handsome facade dating from 1874
Prime Covent Garden Address
South Facing views across St Pauls Church Gardens
Pedestrianised street
Study perfect for home-working.
What you need to know Share of Freehold
Direct lift access to both floors
Located on the Covent Garden Estate
Moments from the Piazza
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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