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£4,500,000
Bedrooms
Bathrooms
Welcome to a true hidden gem that is centrally located yet incredibly peaceful at the end of Vernon Yard, tucked behind Portobello Road, W11 (RBK&C Residents Parking) and the gardens of houses on Kensington Park Road.
First time on the market since 1995, originally a run of cow sheds with hay lofts above! This unique group of farm buildings has been amalgamated and completely re-fashioned by the architect owners to become an exceptional home. It has five bedrooms, five bathrooms and two garages. The highlight of the house is the incredible lateral, penthouse living space at the second floor.
The Corten steel panelling on the outdoor fireplace and faade, as well as other industrial fixtures add a raw, edgy feel that suits the context of this part of the Royal Borough. It is designed by the owners who are award winning architects. They have developed a warehouse type feel and on the top floor, which is flooded with natural light, they have made a dynamic space, that feels other-worldly.
Dont miss the chance to own this quiet architectural masterpiece set in the very heart of Notting Hill, W11.
Selling your property in Vernon Yard? Trying to find your perfect home to buy? Register with Chestertons Notting Hill to get the full picture from the experts in the Westbourne Park market.
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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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