3 bedroom apartment for sale

£1,300,000

3

Bedrooms

3

Bathrooms

Floorplan

Forming part of an elegant period building, this three-bedroom split-level Victorian conversion is situated in a highly desirable area of Richmond Hill. The property offers generous living space, thoughtfully arranged over two floors, and is presented in excellent condition throughout. Natural light fills the interiors, highlighting the propertys inherent charm and well-maintained finishes. This home provides a blend of period character and modern convenience, appealing to those seeking a refined lifestyle in a sought-after London borough.

The accommodation comprises three double bedrooms, each offering comfortable proportions and ample space. There are three well-appointed bath/shower rooms including an en-suite to the master, ensuring convenience and privacy for residents and guests. The reception room is spacious and open plan, providing an inviting area for relaxation and entertaining. The layout flows seamlessly, creating a practical and appealing living environment with three sash windows. A notable feature is the private garage, a rare and valuable asset in this location, offering secure parking or additional storage. The property benefits from a share of the freehold, adding to its long-term appeal and security.

Located moments from Richmond Hill Village, this apartment offers exceptional access to the areas renowned amenities. A short walk leads to the picturesque River Thames, offering scenic walks and riverside dining. Richmond Park, a vast expanse of natural beauty, is also within easy reach, providing opportunities for outdoor pursuits. The property is conveniently positioned for access to Richmond station, which offers excellent transport links via District Line, Overground, and National Rail services, connecting to central London and beyond. This home represents a rare opportunity to acquire a substantial and stylish property in a peaceful yet well-connected setting.

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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

£ 1081450

Mortgage Loan to Value

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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

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 32500
  • 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

£ 106450
  • 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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