5 bedroom detached for sale

£14,000,000

5

Bedrooms

3

Bathrooms

Floorplan

We are proud to bring to the market this exquisite Grade II listed Victorian freehold home in Montpelier Square. Having undergone a refurbishment this home offers glamorous, contemporary spaces, ideal for entertaining and stylish living in one of Londons most sought out locations. Arranged over 6 floors the accommodation comprises 2 stunning master bedrooms suites with views overlooking the picturesque communal garden, together with 3 further generous guest bedrooms. There are six entertaining spaces, including an impressive first floor drawing room with floor to ceiling sash windows, formal dining room, informal dining room, open plan kitchen, a cinema room, and the added attraction of a spacious terrace off the main reception room. The property further benefits from lift access throughout.

Conveniently located in the heart of Knightsbridge, Montpelier Square is perfectly located to take advantage of the world-renowned amenities of Knightsbridge and is within walking distance of landmarks such as Harrods, Harvey Nichols, Hyde Park and Sloane Street. The property has the added benefit of great transport links with South Kensington and Sloane Square (Circle and District Lines, 0,8 miles) and Knightsbridge (Piccadilly Line, 0,3 miles) nearby.

This charming garden square located in the heart of Knightsbridge, is in the centre of the favoured eastern terrace, where the houses are significantly wider and more generous in both scale and proportion than others in the square. It has the benefit of being west facing, ideal for both morning and afternoon sun.

Nearest Stations:

0.24 miles
Knightsbridge
0.55 miles
South Kensington
0.61 miles
Hyde Park Corner
0.69 miles
Sloane Square
0.86 miles
Gloucester Road

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 12443950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 350000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 1943950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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