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£4,999,950
Bedrooms
Bathrooms
A fantastic opportunity to own an exquisite freehold Mews House nestled in the prestigious South Kensington, just a stones throw away from the tranquil beauty of Hyde Park.
Situated on the picturesque Princes Gate Mews, the property boasts a stunning external faade that invites you into a beautifully refurbished interior. Upon entering, youre welcomed by a beautiful reception room that seamlessly flows into a fully equipped kitchen and stylish dining area. Additionally, a spacious private garage is conveniently located on the raised ground floor.
Venture downstairs to find a remarkable cinema room designed for entertainment, featuring surround sound, custom-made sofas, and a private bar. This space is truly spectacular, showcasing immaculate finishes throughout. The lower level also includes a generous bedroom with an en-suite bathroom and a separate utility room.
On the first floor, youll find three expansive bedrooms, two of which include luxurious en-suite bathrooms, along with a delightful roof terrace.
The entire top floor is dedicated to the master bedroom suite, which offers a walk-in wardrobe and an exceptional master bathroom, complete with a double sink, freestanding bathtub, and a separate shower.
Princes Gate Mews is ideally located, just moments from Hyde Park and a short stroll to South Kensington tube station, granting you easy access to a wealth of fine dining and high-end designer shops nearby.
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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