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£3,375,000
Bedrooms
Bathrooms
This elegant, completely refurbished, lateral second-floor flat with direct lift access and three metre high ceilings is in a charming detached Victorian Villa on Pembridge Gardens, Notting Hill (RBK&C). The flat also has access (subject to application) to the prestigious, Pembridge Square Private Communal Gardens.
With step-free access from the road, this prime block of flats has been fully refurbished to an exceptionally high standard, with underfloor heating and air conditioning throughout, double-glazed timber sash windows, bespoke joinery and kitchens.
Two extravagant Porter bathrooms and a bespoke kitchen, fitted with deVOL brassware and Miele appliances makes this luxurious apartment, situated in the epicentre of Notting Hill, ready to move in to immediately.
The flat comprises of three spacious bedrooms, two bathrooms and a separate kitchen, with two RBK&C parking permits available.
The estimated rental income is 9,450 PCM. This will therefore fall outside of the incoming Renters Rights Bill.
Also available in the building are four other luxury flats ranging from 3.375m to 4.75m.
Located within 0.3 of a mile to Westbourne Grove, Notting Hill Gate (Circle & District Lines, Central Line), as well as many fantastic schools including The Wetherby and Pembridge Hall, some of Londons most prestigious private schools.
Selling your property in Pembridge Gardens? Trying to find your perfect home to buy? Register with Chestertons Notting Hill to get the full picture from the experts in the Notting Hill 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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