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11-13 Worple Way, Richmond
£785,000
Bedrooms
Bathrooms
A stunning split level maisonette arranged over 1000 sq.ft in the heart of Richmond town centre.
Having undergone refurbishment and redesign this property is turnkey ready. Accommodation on the second floor briefly comprises; a bright and spacious open plan kitchen/reception/dining room with access to a roof terrace. The kitchen is high specification with new quartz kitchen worktops, integrated appliances and a breakfast bar. The roof terrace has a lovely view of St Mary Magdalene Church.
The first floor includes two double bedrooms both with en-suites. The master bedroom is spacious with excellent ceiling heights and has a luxurious en-suite with a free-standing bath and a walk-in rain drop shower, all fully marbled with fire earth tiles and a wall mounted TV. There is also plenty of bespoke built in wardrobe storage. The heating system is underfloor heating throughout the property.
Church Court is a beautiful paved courtyard street just off the high street with a lovely mix of boutique shops, restaurants and bars. This location has all the amenities Richmond town centre has to offer, right on your doorstep. There is also very easy access to Richmond Station, providing fast mainline links into London Waterloo (circa 19 minutes) and direct underground links into London Victoria (circa 25 minutes). The local ofsted outstanding primary schools include Marshgate, The Vineyard, Holy Trinity and St Elizabeths Roman Catholic School. Private schools are Kings House and the Old Vicarage. Richmond is home to the largest royal park in London, Kew Gardens and Richmond Green; once the venue for jousting and archery events and home to Richmond Palace. There are a plethora of bars, pubs and restaurants along Richmonds pretty riverfront, high street and cobbled side streets with an array of boutique shops and eateries. Steeped in Royal history, Richmond upon Thames also boasts two theatres, three cinemas, the Ivy Caf and the wonderful boutique Bingham Hotel.
Council Tax band E
EPC D Potential C
Parking is resident permit parking.
Lease length - 137 years.
Ground Rent 250 per annum
Service charge - 1200 per annum
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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