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11 Huguenot Place, Wandsworth, London
£899,950
Bedrooms
Bathrooms
A spacious four bedroom, four bathroom split level apartment in a sought after tree lined road. The vendor advises the following:
Full refurbishment was completed in 2002, including new roof (Spanish slate and leadwork and new velux windows, brick cleaning and pointing and external decoration.)
Internally all was stripped to the joists, done new sound and impact insulation between joists, new plumbing and electrical including data (CAT 6) cabling in each room.
Over existing floorboards (which were put back) is 18mm plywood over which is 10mm rubber matting over which is 20mm engineered oak strip floor (white oil finish).
All windows are refurbished (originally were double glazed units in Mahogany frames) and replaced all ironmongery with solid brass.
Each bedroom has new shaker style fitted joinery (wardrobe, bedside tables or headboard where lamp could be positioned), computer writing desk with open shelving as well in fireplace 'openings' are shelves covered with two doors and mahogany framed.
Skirting throughout the flat is Mahogany, oil finish. In the stairwell is original mahogany handrail with painted bannisters. On the walls, we have dado and picture rails (painted) except on the stairwell which is mahogany dado rail.
The flat has four bathrooms (three are ensuite) in bedrooms 1, 2 and 3 plus one on half landing (between 1st and 2nd floor). Bathrooms are done with fibreglass waterproofing (floor and walls) over which is brick tiles.
All sanitary ware is new with soft closing toilet seats, shower with large shower head and handset, baskets for shampoos, recessed medicine cabinets above the basin.
All bathrooms have electrical underfloor heating (under tiled floors) plus each has a towel rail connected to the central heating.
Each bathroom has a powerful extractor fan plus LED lighting. LED lighting is throughout the flat.
Smoke alarms are in each bedroom plus in three places of the stairwell plus a heat detector in the kitchen.
Kitchen is bespoke made with integrated appliances (fridge/freezer, hob, oven, cooker hood, dishwasher) plus undermounted sink with 20mm stone over and recess drainage.
In the dining room, the joinery is incorporated with another full height fridge with washing machine and dryer (two separate machines on top of one another) plus next to it is new boiler 43KW with 250L Megaflo (pressure hot water cylinder) and water softener fitted over bespoke 'trough' to prevent any potential leaks. Below the 'trough' is chest of drawers.
Reception room includes large AV unit/built in book case.
The floor in the kitchen and dining room is fitted with Electrical underfloor heating.
The staircases were refurbished and provided with 6mm regupol (sound insulation) then 15mm underlay and 12mm carpet, so footsteps are not heard.
All fitted and loose furniture is part of the sale price.
New intercom system (possible to connect to smart phone).
Please Note: No maintenance, gardening or cleaning is part of the service charge, but building is refurbished in end of 2022 and no maintenance will be needed at least for additional several years.
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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.
11 Huguenot Place, Wandsworth, London
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