Set on the second floor of Munkenbeck Building, an attractive, contemporary development in Paddington W2, is this well-proportioned second floor apartment with parking offering light and bright, generous open plan kitchen/ living room, a good size bedroom with wardrobes and a modern bathroom. Features include modern kitchen appliances, engineered wood flooring in the living room, carpet flooring in bedroom and tiled flooring in the bathroom, comfort cooling and access to the beautiful Japanese communal roof garden.
There is a 24-hour concierge and secure off street parking for one car in the garage beneath the building. Munkenbeck is located in the heart of the popular Paddington Basin close to a wealth of transport links including Edgware Road (Bakerloo, Circle and District line), Paddington mainline (including Heathrow Express) for national and international connections and underground (Circle, Hammersmith & City, District and Bakerloo lines) underground station.
Length of lease (years remaining) 999 years (less 15 days) from 25 March 1995 Annual ground rent amount (£) £150 pa (Payable yearly in advance.) Ground rent review period (year/month) The provisions are that ground rent for this apartment would be the current rate (£150 per annum) and the lease stipulates that it is to be this level for the first 100 years of the term and increasing by an identical amount on each one hundredth anniversary. Annual service charge amount (£) £7,621 pa (2025 figures includes parking space.) Service charge review period (year/month) (Payable half yearly in advance.) Council - Westminster, Band E
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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