2 bedroom flat for sale

£2,200,000

2

Bedrooms

2

Bathrooms

1

Reception

Town Residential is proud to present a selection of two, three and four bedroom penthouse apartments located on Chelsea Waterfront.

Planned by world renowned architect Sir Terry Farrell, Chelsea Waterfront will include two glass residential towers of 37 and 25 storeys, three riverside buildings arranged around landscaped gardens and the redevelopment of the historic Lots Road Power Station. The development also includes shops, restaurants and bars together with a residents' health and fitness club.

Relax and unwind in the luxuriously appointed, state of the art leisure facility which will include a fully equipped gymnasium with the latest cardio and kinesis equipment, swimming pool, jacuzzi, sauna and steam room. An exquisite, 24 hour concierge service takes all of the time-consuming day-to-day activities off your hands, ensuring that you are met by a personal service, tailored to your individual needs.

The buildings are set in beautiful landscaped gardens and are designed by world renowned landscape architects Randle Siddeley.

The apartment themselves offer breath taking panoramic views across the city and are newly built to a high specification. Attention to detail is meticulous throughout and comprise of open plan living.

Originally built to power Londons underground transport system and the largest built at its time, the Power Station is now being transformed to the highest quality luxury loft-style apartments together with signature waterside restaurants, bars, cafes and boutique shops.

The Power Station made an enormous contribution to Londons development during the industrial age. It was a monument to Victorian enterprise and achievement which endured for a century.

Call now to register your interest!



Property Style: Modern

Features
  • Newly built to a high specification.
  • Attention to detail is meticulous throughout and comprise of open plan living.
  • Originally built to power Londons underground transport system
  • Penthouses
  • Renowned and sought after
  • Leasehold

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

£ 1882950

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
    £ 55000
  • 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

£ 232950
  • 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

Adjust these figures

  %
  %
£
  %

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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