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£775,000 Guide Price
Bedrooms
Bathrooms
This top-floor flat features a private balcony offering impressive views of the River Thames. Enjoy a bright, open space with sweeping water views, making it a perfect spot to relax or entertain. Offering a spacious and elegant living space spanning 826 square feet. The property features well-proportioned rooms, blending contemporary style with comfort. The modern open-plan kitchen and living area is perfect for entertaining, with ample natural light flooding through large windows. Both bedrooms are generously sized, with stylish finishes throughout.
The apartment also comes with the added convenience of allocated parking, a rare luxury in this desirable area, and a spacious private balcony, perfect for enjoying fresh air and outdoor relaxation.
Richmond upon Thames is known for its beautiful green spaces, such as Richmond Park and the riverside, offering scenic walks and outdoor activities. Being in a prime location, the apartment is well-connected with excellent transport links, including Richmond Station, providing swift access to central London via the District Line, Overground, and National Rail services. This makes commuting to the city both easy and efficient.
The apartment also benefits from being within close proximity to top-rated schools, including The Vineyard Primary School and The German School, both known for their strong academic performance.
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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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