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£2,200,000 Guide Price
Bedrooms
Bathrooms
Guide price 2,200,000-2,500,000. Located on one of Batterseas premier roads is this substantial freehold terraced house which boasts wonderful proportions over three floors with five double bedrooms and three bathrooms. The ground floor is very impressive and has ample entertaining space, comprising a fabulous double reception room leading through to the stunning open-plan kitchen/breakfast room which opens onto a secluded rear garden offering the ideal summer retreat. Five bedrooms and two bathrooms are arranged over the upper two floors. The master bedroom is generous in size and boasts built-in wardrobes.
Macduff Road is a great location; venture just a bit further out of this delightful backwater of streets and you will come across the well renowned Battersea Park much appreciated for the well-kept wide open green spaces, a favourable place to be during the summer months. Also nearby is a cosmopolitan mix of shops, bars, boutiques, and restaurants. Public transport links are excellent, with Battersea Park and Queenstown Road stations giving direct links into Clapham Junction, Victoria, and Waterloo. Buses also run north over Battersea and Chelsea Bridges and east to Vauxhall. Transport links have been further enhanced by the nearby extension of the Northern Line of the Underground to Battersea due to the exciting regeneration of Battersea Power Station and Nine Elms.
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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