Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£600,000
Bedrooms
Bathrooms
This delightful two-bedroom flat, located in the sought-after Ridgway of Richmond Hill, offers an excellent blend of modern living and convenience. Benefiting from a share of freehold, this well-maintained property features spacious living areas, a private balcony, and an abundance of natural light.
The flat comprises two generously-sized bedrooms, perfect for both relaxation and productivity, and a comfortable living space that opens out onto the balcony ideal for enjoying your morning coffee or evening sunset. The fully equipped kitchen is ready for you to create delicious meals and entertain guests, while the modern bathroom completes the home with a clean, fresh feel. The flat also benefits from a study space, unique to the ground floor flats in this block.
Positioned just a short walk from Richmond town centre, youll have easy access to a fantastic selection of shops, cafes, restaurants, and local amenities. With excellent transport links nearby, including Richmond train station, youll have quick and effortless connections to central London and beyond. Whether youre commuting or simply enjoying the best of Richmond, this location offers the perfect balance of tranquillity and accessibility.
This charming flat represents an excellent opportunity to secure a well-located home with great potential. A true gem for those looking to embrace the vibrant, yet peaceful, lifestyle of Richmond Hill.
Selling your property in Ridgway? 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.
Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (S-ChestertonsAPAC)
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
