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£6,750,000
Bedrooms
Bathrooms
A Georgian mid-terraced house located on Maida Avenue in the heart of Little Venice. As you approach the house, youll notice the elegant faade with its characteristic Georgian features, including tall sash windows, decorative cornices, and an elegant entrance. Inside, the house has been beautifully renovated to provide a modern and comfortable living space while still retaining its original charm and character.
Spread over four floors, the house offers plenty of space for a growing family or those who love to entertain. On the ground floor you enter into a grand reception room which leads through into a wonderful bright and airy kitchen complete with all the modern appliances you need for cooking and entertaining and direct access down to the 61 ft. south facing garden. The lower floor is made up of two large bedrooms both with their own bathroom as well as an always useful utility room and cloakroom. A typical first floor reception offers stunning views over the one way Maida Avenue and the canal. At the rear is the master bedroom with plentiful storage, room terrace and en-suite bathroom. Two further double bedrooms, each with their own bathrooms are positioned on the top floor.
Maida Avenue has beautiful views overlooking Regents Canal and is located less than 0.5 miles from the local shops and restaurants of both Clifton Road and Formosa Street. Warwick Avenue Underground Station (Bakerloo Line) is approximately 0.2 miles away and London Paddington is approximately 0.4 miles away, providing access to the Heathrow Express whereby Heathrow airport can be reached in approximately 15 minutes.
Disclaimer: The photos of the property are real, however all furniture and furnishings items have been computer generated (at actual scale) for illustration purposes only.
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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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