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113-115 Old Brompton Road, London
£5,190,000 Guide Price
Bedrooms
Bathrooms
A rare opportunity to purchase this contemporary five-bedroom, three-storey mews house located in the heart of South Kensington. Offering generous accommodation, this property boasts a private garage and an expansive rooftop terrace, perfect for enjoying the vibrant cityscape.
Property Highlights
- Five Spacious Bedrooms: Thoughtfully designed to provide comfort and luxury.
- Three Storeys: Offering ample space for family living and entertaining.
- Private Garage: A valuable asset in this prime London location.
- Expansive Rooftop Terrace: Ideal for outdoor gatherings and relaxation.
- Quiet Mews Setting: Situated in a tranquil, limited-access mews, ensuring privacy and security.
Location
Reece Mews is an attractive Victorian cobbled mews that runs between Harrington Road and Old Brompton Road, just to the east of Queens Gate. This prime location offers:
- Proximity to South Kensington Underground Station: A very short walk away, providing excellent transport links.
- Cultural Landmarks: Close to the Victoria and Albert Museum, Natural History Museum, and Science Museum.
- Local Amenities: Surrounded by an array of local shops, restaurants, and cafes.
Additional Information
The mews has limited access, ensuring a peaceful environment. Recent modifications mean drivers cannot pass through as easily, enhancing the tranquillity of this charming enclave.
This property represents a perfect blend of contemporary living within a historic and highly sought-after area of London. Dont miss this chance to own a piece of South Kensingtons unique character and charm.
For more information or to arrange a viewing, please contact us at Barnes London.
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.
113-115 Old Brompton Road, London
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