2 bedroom terraced for sale

£7,500,000

2

Bedrooms

2

Bathrooms

Floorplan

An exceptional two bedroom apartment with direct lift access, situated on the first floor of an elegant Grade II listed red-brick Victorian building, offering a

perfect balance of sophistication and practicality in one of Londons most desirable locations. On the first floor, a welcoming, central hallway leads to a

striking bay-fronted reception room with grand proportions.

This space is characterised by an impressive width of three floor-to-ceiling French doors that open to a full-width balcony with views over the garden square-a space perfect for al fresco dining and entertaining. Adjacent to the reception room is a separate, well-appointed kitchen with integrated appliances, offering both convenience and style. The principal bedroom is discreetly positioned towards the rear of the apartment. It is served by extensive wardrobe storage, its own balcony and a sleek en suite bathroom with a walk-in shower and separate

bath. The second bedroom, also benefitting from its own en suite, has ample storage and a south-facing aspect. The property further benefits from a guest WC in the hallway This property combines refined living with a prestigious address, offering an exceptional home in a sought-after location. Please note that these photos were taken approximately ten years ago and are not truly reflective of the propertys current condition. Located in the heart of Knightsbridge, Cadogan Square offers a blend of timeless elegance and modern convenience. Picturesque garden squares, upscale boutiques, and world-class dining surround this sought-after address. The area is well-known for its classic architecture and is in close proximity to Hyde Park and Chelseas vibrant cultural scene. Transport links are excellent, with the closest stations being Knightsbridge and Sloane Square underground stations, providing seamless transport connections to the rest of London.

Selling your property in Cadogan Square? Trying to find your perfect home to buy? Register with Chestertons Knightsbridge to get the full picture from the experts in the Knightsbridge 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

£ 6626450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 187500
  • 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

£ 1001450
  • 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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