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£1,750,000
Bedrooms
Bathrooms
The living accommodation measuring approximately 1,898 sq ft is split over the top two floors of this prestigious Victorian corner building facing directly over Battersea Park.
With three bedrooms, three bathrooms and three reception rooms, including two kitchen dining areas, the property offers unrivalled entertaining and living accommodation. Impressive architectural features include a turreted viewing area in the second floor reception overlooking the park and floor to ceiling South facing windows in the third floor reception area and private roof terrace.
This is an incredible opportunity to purchase a truly unique property in a prime
Battersea location, moments from Battersea Park and the newly restored Battersea Power Station, as well as the many renowned shops and restaurants of the Kings Road just over the river in Chelsea.
Location
Prince of Wales Drive runs along the South side of Battersea Park, the property is located close to Albert Bridge Road which leads up to Albert Bridge and across the river into Chelsea.
Overlooking Battersea Park the property is moments from its wide open spaces, riverside promenade, lake, and sports facilities.
Excellent local transport links include Northern Line Underground Services from the newly opened Battersea Power Station as well as overground services from Battersea Park and Queenstown Road Stations.
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.
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