4 bedroom semi-detached for sale

£2,100,000

4

Bedrooms

2

Bathrooms

Floorplan

A rarely available and substantial, linked, semi detached house on this prime Barnes village Road. This wonderful family house comes to the market for the first time in many years and has plenty of potential to develop and extend, subject to planning permission (STPP).

Approached via a pretty front garden and one off street parking space and internally comprising a wide entrance hallway with front reception room and bay window and a guest cloakroom. There is a generous dining room leading to the kitchen at the rear of the house and a utility room. The dining room adjoins a double reception room providing excellent open plan accommodation. The reception room and kitchen both have doors leading to a mature garden with paved and planted areas which is not overlooked. There is off street parking at the front of the house as well as an integral garage.

On the first floor there are four double bedrooms, including a principle bedroom with en-suite bathroom and a further family bathroom. There is a large loft space that can be converted into further bedrooms / bathrooms (STPP).

Suffolk Road is a desirable south west London address, offering a balance of village-style living and convenient commuting. Barnes Village is home to the well-known duck pond and a weekly farmers market. The Village also offers an array of High Street favourites, Rick Steins on the river and The Olympic Studios cinema and dining room. There are everyday amenities such as dry cleaning, small supermarkets and coffee spots on your doorstep, alongside a selection of pubs, cafs, delicatessens and restaurants. Local favourites include Alma Caf, The Red Lion pub and Church Road restaurant. For the sports enthusiast, The Riverside Health Club is just across Barnes Bridge, while Rocks Lane offers a wide range of sporting activities.

Convenient transport links are at Barnes and Barnes Bridge stations, which offer frequent service into London Waterloo. Hammersmith Station is the closet Tube (approx. 1.3m Google) currently accessed by foot over Hammersmith Bridge, offering the District, Piccadilly and Hammersmith and City lines into central London and directly to Heathrow Airport.

There are some excellent schools in the area, including the renowned St Pauls Boys & Juniors, The Harrodian and The Swedish School. Local primary schools are Lowther, St Osmunds and Barnes Primary.

Selling your property in Suffolk Road? Trying to find your perfect home to buy? Register with Chestertons Barnes Village to get the full picture from the experts in the North Barnes market.

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Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £9,081.80

Total Interest: £1,169,449.50

Overall Total: £3,269,449.50

Amortization For Monthly Payment: £9,081.80 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£66,581.72 £42,399.93 £2,057,600.07 
2026£65,204.85 £43,776.80 £2,013,823.27 
2027£63,783.26 £45,198.39 £1,968,624.88 
2028£62,315.51 £46,666.14 £1,921,958.74 
2029£60,800.09 £48,181.56 £1,873,777.18 
2030£59,235.47 £49,746.18 £1,824,031.00 
2031£57,620.03 £51,361.62 £1,772,669.39 
2032£55,952.14 £53,029.51 £1,719,639.88 
2033£54,230.09 £54,751.56 £1,664,888.31 
2034£52,452.11 £56,529.54 £1,608,358.77 
2035£50,616.40 £58,365.25 £1,549,993.52 
2036£48,721.07 £60,260.58 £1,489,732.94 
2037£46,764.20 £62,217.45 £1,427,515.49 
2038£44,743.78 £64,237.87 £1,363,277.61 
2039£42,657.75 £66,323.90 £1,296,953.71 
2040£40,503.97 £68,477.68 £1,228,476.03 
2041£38,280.26 £70,701.39 £1,157,774.65 
2042£35,984.34 £72,997.31 £1,084,777.34 
2043£33,613.86 £75,367.79 £1,009,409.54 
2044£31,166.40 £77,815.25 £931,594.30 
2045£28,639.46 £80,342.19 £851,252.11 
2046£26,030.47 £82,951.18 £768,300.93 
2047£23,336.75 £85,644.90 £682,656.03 
2048£20,555.56 £88,426.09 £594,229.94 
2049£17,684.05 £91,297.60 £502,932.35 
2050£14,719.30 £94,262.35 £408,669.99 
2051£11,658.27 £97,323.38 £311,346.61 
2052£8,497.83 £100,483.82 £210,862.79 
2053£5,234.77 £103,746.88 £107,115.91 
2054£1,865.74 £107,115.91 £0.00 

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

£ 1,793,450

Mortgage Loan to Value

85%

Gross Yield

12%

Annual ROI

32%

Annual Rental Profit

£ 112,091

Cumulative Rental Profit

£ 1,120,908

Cost of Purchase

£ 218,450
  • Stamp Duty
    £ 163,250

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

  • Refurbishment Budget
    £ 52,500
  • 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

£ 139,909
  • Mortgage Interest
    £ 80,705

    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)
    £ 33,264
  • Letting Fee
    £ 240
  • Maintenance
    £ 25,200
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 2,223,136
  • Final Equity Profit
    £ 1,102,229

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 1,120,908

    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

£ 3,420,679

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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