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£2,000,000
Bedrooms
Bathrooms
Rarely available detached Edwardian home, fabulous 75 ft. West-facing Garden, off street parking and moments from Teddington High Street, Station and excellent local schools. Offers significant potential to remodel and extend (STPP).
Located in a highly sought after central Teddington tree-lined avenue, this much loved charming four-bedroom Edwardian family home, has brought the owners so much happiness since it was acquired over 50 years ago. It now provides an opportunity to make a wonderful home for a new family with huge potential to extend and would make a fantastic project to create their ideal, long term family home.
As you enter the house through the attractive stained glass front door, the immediate impression is a feeling of space and character as the grand receiving hall boasts high ceilings and many period features which flow throughout the property. Large rooms abound with plenty of natural light. The formal front reception is a great size and hosts a large box bay window and to the rear there is a sunny dining/family room and separate kitchen leading out to the delightful garden.
The high ceilings continue upstairs, where you will find four bedrooms, a family bathroom and further ensuite bathroom. There is great potential to extend into the loft which could create further bedrooms or a super ensuite Master bedroom (STPP).
Externally the mature, private rear garden is mainly laid to lawn with planted borders and a large patio, as well as that all important side access and off-street parking to the fore.
Moments from Teddington High Street, with its array of boutique shops, restaurants and local amenities, including, the prestigious Lensbury Club and Royal Bushy Park. Locally there are excellent transport links, with Teddington train station offering direct access into London Waterloo and regular buses into both Kingston and Richmond town centres. Schools are sought after in the area and this property is within easy access to some of the areas finest education facilities including Collis Primary School.
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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