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£600,000 Guide Price
Bedrooms
Bathrooms
Stunning 2 bed, 2 bath luxury apartment, spacious at 956 ft 2, in cul-de sac with private parking space, and 32 foot terrace garden. 14 mins walk Richmond Station, (15 mins Waterloo), town centre & River Thames, short walk Richmond Park, Kew Gardens, big Sainsburys, Heathrow 30 mins in cab, Open Viewing this Saturday August 2nd 11 til 12.
' Ground floor flat in 2015 development
' Long lease
' Off-road private parking space
' Entryphone
' 20 foot Living room / kitchen with door to private terrace
' South-east facing, approx. 32 foot private terrace garden
' 2 large double bedrooms, one also with door to terrace
' Family bathroom
' En-suite shower
' Storage cupboards
' Pleasingly, the vendors here have already agreed their ongoing purchase of a house, so once we agree a sale we can proceed immediately
Very new luxury apartment, 956 square feet, almost 89 square metres, in great location near everything Richmond has to offer. The town centre a short walk away, has a fabulous river-front, top restaurants including Scotts & The Ivy, classic old pubs, Waitrose and M&S, riverside cycling and walks, and wonderful Richmond Park is nearby with its wild deer. World-famous Kew Gardens is a short walk too. Schools are excellent. Richmond is an extremely desirable suburban town, popular with professional families as it has a country market town feel while being only 15 mins on train to central London.
Open viewing between 11 and 12 this Saturday morning - call now to register.
Thank you and we will see you there.
David McGeachie, local independent agent
Council Tax Band: E (LBRUT)
Tenure: Leasehold (115 years)
Ground Rent: 350 per year
Service Charge: 3,500 per year
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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