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£600,000 Guide Price
Bedrooms
Bathrooms
No onward chain, This fantastic home offers the perfect opportunity to enjoy modern living in a prime New Malden location.
Discover this charming three-bedroom family home, perfectly situated in a popular residential area of New Malden. Thoughtfully designed throughout for modern living, this property offers a comfortable and convenient lifestyle.
The heart of the home is the spacious open plan living and dining area with built in wardrobe cupboard space under the stairs and Victorian fireplace, the kitchen area is filled with natural light and perfect for bringing people together. The stylish kitchen features high-quality, fitted appliances, combining practicality with elegance. You have patio doors leading to the garden.
Upstairs, youll find two comfortable and well-proportioned bedrooms, a smaller third bedroom and a good sized bathroom which is partially tiled a with bath and separate shower cubicle.
The private garden provides a peaceful escape, creating a wonderful outdoor space for gatherings or quiet moments with rear access and shed. You also have a small front garden.
This home is an excellent choice for a family, a first-time buyer, or a savvy investors.
Located within easy walking distance of New Malden High Street, this home benefits from a great selection of shops, restaurants, and cafs, as well as excellent transport links with New Malden Station offering quick access to Central London. The area is also well-served by reputable schools and green spaces, making it an attractive option for families. Cycleway 31 is nearby, offering great cycling routes for both commuting and leisure. Many homes on this street have extended, presenting a great opportunity for future expansion, subject to planning permission.
Freehold
Council Tax Band: D
Local Authority: Kingston Upon Thames
EPC: D
All information supplied by the sellers to the best of their knowledge.
Map location is not available for this property.
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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