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£1,200,000
Bedrooms
Bathrooms
A rarely available, recently refurbished, Edwardian Mansion apartment on Richmond Hill.
Located on the top floor of this stunning Edwardian Mansion building, this property comprises of high ceilings throughout, a large open plan kitchen/dining room, reception room with bay window and feature fireplace, two spacious double bedrooms, family bathroom with additional separate wc.
The apartment also offers fantastic far reaching views, excellent lateral space and flexible accommodation. The communal areas have been refurbished and are also presented in excellent order with a bike shed included.
Onslow Avenue Mansions 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 West trains and the London Overground service.
Richmond Hill has a small community with a beautiful village at its heart, balancing city and country living thanks to the spacious green spaces and easy London transport links with Richmond Station offering direct routes to London Waterloo and Victoria and the City (District Line). An ideal location for families, Richmond has outstanding state and private school options, including The Vineyard, Kings House, Old Vicarage and Marshgate Primary School to name a few. Everyday amenities such as dry cleaning, small supermarkets and coffee spots are on your doorstep alongside a selection of pubs, cafes and restaurants. Duck Pond Market, on the scenic riverside, sells ethically-sourced local food, art and crafts every weekend. Richmond town centre offers a wider range of shops, from independent boutiques in cobbled lanes to leading High Street brands, along with a Whole Foods Market and large Waitrose supermarket.
Selling your property in Onslow Avenue Mansions? 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: £ 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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