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£2,200,000
Bedrooms
Bathrooms
An attractive period house with five bedrooms located on this central Barnes Village road. This elegant property has been well maintained, retaining some original period features and offers well balanced accommodation over three floors.
There is a bright double reception room that boasts original wooden floorboards and impressive bay window, complete with original coloured glass panels; which allow light to illuminate this versatile entertaining space. Towards the back of the house is a guest cloakroom, basement for storage and an inviting kitchen; which is full width and features a dining area with French doors that lead out on to a pretty paved garden; decorated by cultivated wildflowers. A Brighton-esque summer house sits nestled at the back of the garden; providing a small haven of charm and character.
On the first floor there are three double bedrooms, all with wooden handmade fitted wardrobes, including a main bedroom to the front with another coloured glass bay window and a family bathroom. The second floor comprises of a modern family bathroom and 2 double bedrooms; the larger of the two offering generous eaves storage and a Juliette balcony, that catches the last of the evening sun and spectacular sunsets.
Cleveland Road is a sought after Barnes Village road, located moments from the Pond and Barnes Green. Barnes Village offers an array of independent boutiques and eateries, as well as some High Street favourites and award-winning restaurants. There is a weekly Farmers market and many local organisations and societies.
Convenient transport links are at nearby Barnes and Barnes Bridge stations, which offer frequent service into London Waterloo. There are regular bus routes towards Hammersmith (Hammersmith Bridge open to foot and cycle traffic), which benefits from an underground network and further buses. There are some excellent schools in the area, including St Pauls Boys & Juniors, The Harrodian and The Swedish School.
This property is in Conservation area CA1 Barnes Green
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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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