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11-13 Worple Way, Richmond
£975,000
Bedrooms
Bathrooms
This stunning three-bedroom apartment has allocated off street parking and has been recently refurbished and finished to an exacting standard throughout. It is Share of Freehold and chain free. The accommodation comprises a large entrance hall with ample storage, master bedroom with built in wardrobes plus en-suite bathroom; a further double bedroom with stairs to the additional loft room would make an excellent playroom, storage area or additional study. There is also a third single bedroom with vaulted ceiling, currently used as a study and a further family bathroom with a walk-in shower.
The contemporary fully fitted kitchen leading off the spacious reception room is both practical and stylish. The large double aspect windows/views offer excellent natural light throughout the apartment, along with wood flooring throughout.
Kings Road is a superb location, located near Richmond Village, with easy access to Richmond Park, Terrace Gardens, Richmond town centre and Richmond station which has fast direct mainline links into London Waterloo (17 minutes) and direct underground links into London Victoria (26 minutes).
The town centre provides a large selection of shops, boutiques, riverside restaurants and pubs; for those who enjoy the outdoors, you will find the riverside walks along the Thames, within easy reach, along with the green spaces of Cambridge Park, Richmond Park, Marble Hill Park, Richmond Green; once famous for jousting and archery competitions - now home to regular cricket matches.
The local primary schools, Kings House, The Old Vicarage, The Vineyard and St Elizabeths Roman Catholic School, are amongst the finest in the country.
EPC Current D/ Potential B /Council Tax F
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.
11-13 Worple Way, Richmond
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