Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£900,000
Bedrooms
Bathrooms
A modern 1,167sqft/108sqm sub-penthouse apartment offering spectacular views across Greenland Dock and the London skyline. It has floor-to-ceiling glazing, a large private terrace, an open-plan living area with a kitchen island, two bathrooms, a separate storage unit, a secure allocated parking space and an onsite concierge. Chain free.
This vast and luxurious seventh floor home features three double bedrooms (all with views), with the primary possessing fitted wardrobes and an ensuite. The spacious reception is together with the stylish kitchen and has access to the terrace overlooking Greenland Dock, while the welcoming entrance hall has two large storage cupboards and the well-appointment bathrooms are fully-tiled. Further benefits include a separate storage unit on the ground floor, lift access, shared cycle store, secure video entry system and superfast broadband availability. This superb property was constructed in 2016 and forms part of the wider Tavern Quay development.
The tranquil surroundings include Greenland Dock, South Dock Marina, the Thames Path and Russia Dock Woodland. Surrey Quays and Canada Water stations are reachable via a scenic walk around the dock without even having to go near a main road. While River Bus services are only a short stroll away at Greenland Pier.
There are many amenities in the local area, including The Plough Way Deli, the renowned Pear Tree Kitchen and Tesco Express. The gym at Surrey Docks Fitness and Watersports Centre is directly opposite.
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. The service charge is 8222.40 for the year to April 2025. The ground rent is 672.88 per annum (next RPI linked review due in March 2034) and the lease has 239 years remaining. Southwark Council Tax Band: E.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
