3 bedroom terraced for sale

£950,000

3

Bedrooms

2

Bathrooms

Floorplan

Welcome to this charming period Victorian house nestled in the heart of Richmond. This meticulously maintained residence boasts three bedrooms, offering ample space for comfortable living.

As you step inside, you will be greeted by the original hardwood flooring that extends seamlessly from the front living/dining room with a working wood burner, into the inviting family open kitchen area, creating a warm and welcoming ambiance throughout. Natural light floods the space courtesy of the skylights in the ceiling of the extended kitchen creating a bright and airy atmosphere.

The kitchen has been thoughtfully extended with an exposed brickwork wall, and features a beautifully crafted contemporary kitchen with a built-in breakfast bar area, ample storage and integrated Miele appliances. The bi-fold doors lead out to a well maintained decked garden, perfect for al fresco dining. Within the garden, there also lies an outbuilding which can either be used as a home office/workshop or a small play room providing flexibility to suit your lifestyle needs.

The bedrooms on the first floor both feature original fireplaces with the principle bedroom benefiting from a stunning ensuite bathroom with a free-standing bath and separate shower unit. The top floor bedroom has built-in wardrobes with plenty of eaves storage and an en-suite shower room.

The property is located within close proximity to the iconic Kew Gardens where locals can enjoy leisurely strolls through the botanical wonders. It is also ideally situated near to Richmond Station which offers great connectivity to Waterloo Station in approximately 17 minutes. Kew Gardens Station (for District & Overground Line) is also within easy reach from the property.

For small growing families the property offers ideal access to some of the highly regarded schools in the area including Falcons Preparatory School for Boys, Marshgate and Holy Trinity primary schools but to name a few.

With its perfect blend of period charm and modern amenities, this property offers a unique opportunity to embrace the quintessential Richmond lifestyle.

Map location is not available for this property.

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

£ 775200

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
    £ 23750
  • 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

Adjust these figures

£

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

£ 62700
  • 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.

£

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

£

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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