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£4,000,000
Bedrooms
Bathrooms
Discover this light filled five-bedroom family home, set in a predominant location amidst the resounding charm of Little Venice. This grand white stucco residence spreads across four floors with high ceilings throughout, providing a wealth of bright, flexible spaces designed for modern family living and sophisticated entertaining.
The ground floor boasts an stylish reception room, bathed in light from its bay window and original shutters, overlooking the attractive front garden. A hidden kitchenette discreetly allows for effortless entertaining, while a spacious en-suite bedroom at the rear enjoys tranquil views of the communal gardens.
On the first floor, a beautifully equipped kitchen flows seamlessly into the second spacious reception room through double doors, creating an airy, light-filled hub. A private study area offers a dedicated workspace, complemented by abundant integrated storage throughout.
The second floor features a restful master bedroom with en-suite bathroom, two further bedrooms (a double and a single) and a family bathroom. The top floor provides a adaptable bonus space, currently a large double bedroom, complete with intelligent eaves storage.
Enjoy delightful views over and approach to the landscaped communal gardens, and immerse yourself in the delightful village atmosphere of Formosa Streets boutiques and eateries. Superb transport links, including Warwick Avenue Underground Station (Bakerloo Line) and Paddingtons direct Heathrow connection. There are few and far opportunities to secure a truly exceptional residence in a coveted London location.
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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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