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£900,000
Bedrooms
Bathrooms
A stylish three bedroom split level apartment in a central Richmond Hill location with share of freehold and is offered with no onward chain.
There is a generous open-plan reception/dining space, a spacious eat-in kitchen with a bedroom and family bathroom on the 1st floor.
The upper floor has a further two double bedrooms and a shower room.
Cardigan Road is well located for the amenities on Richmond Hill, with Richmond Park, Terrace Gardens, Richmond Riverside and Richmond town centre all being close by. Richmond train station offers access to and from London by tube or rail via the District line, South Western trains and the London Overground service. Some of the areas best schools are located close by, in particular the Vineyard Primary School which is described as Outstanding in the latest Ofsted Report and which is located on Friars Stile Road almost opposite the entrance to Cardigan Road.
Selling your property in Cardigan Road? Trying to find your perfect home to buy? Register with Chestertons Richmond to get the full picture from the experts in the Sheen Park market.
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Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £3,892.20
Total Interest: £501,192.64
Overall Total: £1,401,192.64
Amortization For Monthly Payment: £3,892.20 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £28,535.02 | £18,171.40 | £881,828.60 |
| 2026 | £27,944.93 | £18,761.49 | £863,067.12 |
| 2027 | £27,335.68 | £19,370.74 | £843,696.38 |
| 2028 | £26,706.65 | £19,999.77 | £823,696.60 |
| 2029 | £26,057.18 | £20,649.24 | £803,047.36 |
| 2030 | £25,386.63 | £21,319.79 | £781,727.57 |
| 2031 | £24,694.30 | £22,012.12 | £759,715.45 |
| 2032 | £23,979.49 | £22,726.93 | £736,988.52 |
| 2033 | £23,241.47 | £23,464.96 | £713,523.56 |
| 2034 | £22,479.48 | £24,226.95 | £689,296.62 |
| 2035 | £21,692.74 | £25,013.68 | £664,282.94 |
| 2036 | £20,880.46 | £25,825.96 | £638,456.97 |
| 2037 | £20,041.80 | £26,664.62 | £611,792.35 |
| 2038 | £19,175.90 | £27,530.52 | £584,261.83 |
| 2039 | £18,281.89 | £28,424.53 | £555,837.30 |
| 2040 | £17,358.85 | £29,347.58 | £526,489.73 |
| 2041 | £16,405.83 | £30,300.59 | £496,189.13 |
| 2042 | £15,421.86 | £31,284.56 | £464,904.57 |
| 2043 | £14,405.94 | £32,300.48 | £432,604.09 |
| 2044 | £13,357.03 | £33,349.39 | £399,254.70 |
| 2045 | £12,274.06 | £34,432.37 | £364,822.33 |
| 2046 | £11,155.92 | £35,550.51 | £329,271.83 |
| 2047 | £10,001.47 | £36,704.96 | £292,566.87 |
| 2048 | £8,809.53 | £37,896.90 | £254,669.98 |
| 2049 | £7,578.88 | £39,127.54 | £215,542.43 |
| 2050 | £6,308.27 | £40,398.15 | £175,144.28 |
| 2051 | £4,996.40 | £41,710.02 | £133,434.26 |
| 2052 | £3,641.93 | £43,064.49 | £90,369.77 |
| 2053 | £2,243.47 | £44,462.95 | £45,906.82 |
| 2054 | £799.60 | £45,906.82 | £0.00 |
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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Mon May 12 2025
All confirmed! We look forward to speaking with you.
Mon May 12 2025
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