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6 Battersea Rise, London
£1,050,000
Bedrooms
Bathrooms
This fantastic family house is presented in immaculate condition and has been tastefully designed with plenty of period charm throughout.
The property is situated over three floors. The ground floor offers a light and spacious open plan kitchen / dining area with a well equipped kitchen, wine cooler and a new quartz worktop. The ground floor, with beautiful wooden flooring throughout, leads to a large reception room to the rear which has a sizeable skylight and bi-folding doors leading to the garden, allowing an abundance of natural light. The private garden has been beautifully landscaped and benefits from outdoor cooking facilities, storage and hardwood decking. The master bedroom is situated on the first floor, benefitting from an ensuite bathroom and built in wardrobes. Also on this floor is a second double bedroom and accompanying large family bathroom. On the top floor you will find a bright third double bedroom with eaves storage, a bathroom and a study leading out onto a beautiful, quiet roof terrace.
The property further benefits from in-built ceiling speakers throughout, wool carpets and access to two bicycle parking spots in the Mandrell Road bike hangar. The property can be offered part-furnished.
Mandrell Road is located on a quiet residential street in-between Brockwell park and Clapham Common, and near to the shops and restaurants of Abbeville Village. Good transport links can be found close by at Clapham North, Clapham Common and Brixton underground stations as well as Clapham High Street overground, allowing quick access to both the City and the West end. There are a number of outstanding schools within the area, including Sudbourne Primary and Corpus Christis Primary School.
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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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