3 bedroom flat for sale

£1,000,000

3

Bedrooms

1

Bathrooms

Floorplan

Situated within an imposing and elegant Victorian building on Richmond Hill, this substantial three-bedroom Mansion flat offers a rare combination of period charm, generous living space, and superb location.

The property boasts a striking 20 x 18 reception room, ideal for entertaining or unwinding, alongside a well-proportioned kitchen and a stylish modern bathroom. Double doors lead out onto a small roof terrace with delightful views towards Richmond Park. The front of the apartment also enjoys lovely outlooks, including views of the historic church opposite.

Residents benefit from access to a well-maintained shared garden, as well as the convenience of allocated off-street parkingan increasingly rare feature in this sought-after area. High ceilings and classic architectural details enhance the sense of light and space throughout.

Burlington House is perfectly positioned between the open expanses of Richmond Park and the vibrant heart of Richmond town centre, which offers an extensive range of shops, restaurants, cafs, and pubs. Excellent transport connections are close by, including both Tube and mainline rail services, along with numerous bus routes. The area is also renowned for its excellent local schools.

This exceptional apartment offers a wonderful opportunity to enjoy classic Richmond living in a truly prime location.

A substantial three bedroom Mansion flat located in this wonderful and imposing Victorian building with balcony and off street parking. Located in just a short distance from the peak of Richmond Hill, this spacious apartment boasts a very large 20 x 18 reception room; decent sized kitchen; modern bathroom; private West facing balcony and allocated off street parking.Burlington house is situated between Richmond Park and Richmond town centre - with its wide range of shops, bars, restaurants and both Tube and Train stations. There are several excellent schools in the area and bus links. No chain.

Selling your property in Burlington House? 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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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 68950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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