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£600,000 Offers in excess of
Bedrooms
Bathrooms
An expansive 1,126 sqft duplex, boasting access to a large terrace directly overlooking the calm and picturesque South Dock Marina, with Canary Wharf skyline as the backdrop. Featuring double-height ceilings in the living area, an open-staircase, two modern bathrooms, 24-hour concierge and a secure allocated parking space. It also has potential for increasing the floorspace on the upper level. Chain free.
This captivating share-of-freehold home is accessed through the courtyard of this landlord building and includes three double bedrooms. The ground floor comprises the largest bedroom, an immaculately maintained kitchen as well as the vast living space with access to the marina facing terrace (not demised). The upper level is reached via the open staircase, where you will find the two further bedrooms (one with an ensuite shower room) and the main bathroom.
Additional features include a secure entry system, storage units are permitted to be placed within the parking space, double glazing and superfast broadband is available through Hyperoptic and Community Fibre. Similar properties in the development have enlarged the upper level by constructing a mezzanine.
Baltic Quay is a well-run development in SE16 and was completed in 1989. It has won awards for its architecture from the London Docklands Development Corporation. The vaulted roofs, 14-storey tower and central courtyard all contribute to this unique building.
Set in tranquil surroundings at the base of the marina, you will also find the Thames Path and Greenland Pier only a moment away, offering an alternative way of commuting both to the city and Canary Wharf via the river bus service. A scenic walk takes you to Canada Water Station (Jubilee & Overground) and Surrey Quays Station (Overground). Nearby is Surrey Docks Fitness and Watersports Centre, together with the cafes, restaurants, supermarkets and health clubs within the recently created developments off Plough Way.
The property will benefit from significant investment in the area, including the underway 53-acre / 5.6Bn project, the Canada Water Masterplan, with Londons first new high street in over 100 years. There is also the newly proposed electric ferry service with six crossings an hour (for pedestrians and cyclists) between Surrey Quays and Canary Wharf from 2025.
Leasehold, with a share of the freehold. The service charge is 7,273.68 for the year to 30th September 2025, plus 1,953 towards the reserve fund. There is no ground rent to pay and the underlying lease has 161 years remaining. Southwark Council Tax Band: F.
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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