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£3,950,000
Bedrooms
Bathrooms
A stunning, substantial and recently refurbished 6- bedroom Victorian house of 4112 sq.ft. desirably and conveniently located close to the Old Deer Park and Richmond town centre and station.
This fabulous family home provides extensive, generously proportioned and unusually laterally configured accommodation and is beautifully presented throughout. Entered through a wide front door into an impressive and welcoming entrance hall, the large ground floor footprint incorporates two elegant reception rooms in addition to the huge, stunning open-plan kitchen/dining/family room with bi-folding doors to an outdoor entertaining space. There is a further secluded garden accessed from the sitting room, ideal as a childrens play area.
The current owners have installed an entire new roof, air-conditioning and a bespoke bicycle storage accessible to the front of the house.
Elegant Pagoda Avenue is part of Richmonds sought after Triangle situated off the Kew Road with its charming caf culture, conveniently located for the sporting and walking opportunities in Old Deer Park and the world famous Royal Botanic Gardens in Kew.
Bustling central Richmond is moments away and offers a wide and sophisticated range of shops restaurants and pubs, two cinemas and a renowned theatre set on the picturesque Green. There is also a beautiful stretch of the river Thames and the 2500 acres of wonderful Richmond Park to enjoy.
The station is only a short walk away and has a fast and frequent mainline service to London Waterloo and also the District line tube and Overground serving North London.
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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