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60 High Street, Wimbledon, London
£1,200,000
Bedrooms
Bathrooms
Nestled in the charming Groves area of New Malden, this rare to the market four bedroom Victorian house offers a perfect blend of character and modern living. Spanning an impressive 1,500 square feet, the property boasts two spacious reception rooms, ideal for both entertaining guests and enjoying family time. With four well-proportioned bedrooms, there is ample space for a growing family or those who simply desire extra room for guests or a home office.
The house features two bathrooms, providing convenience and comfort for busy mornings. Built in 1900, this residence retains a sense of historical charm while offering the practicality required for contemporary living. The generous 100 ft garden is a standout feature, providing a serene outdoor space for relaxation, gardening, or childrens play with a built in office/gym/garden room at the rear of the garden.
Off-street parking for one vehicle adds to the convenience of this property, making it an attractive option for those with a car. The Groves location is highly sought after, known for its friendly community and proximity to local amenities, schools, and transport links. Close to both Richmond Park and Wimbledon Common.
This property presents a wonderful opportunity for anyone looking to settle in a vibrant area with a lovely home that combines space, comfort, and a touch of history. Dont miss the chance to make this charming house your new home. The property further benefits from being chain free.
Map location is not available for this property.
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.
60 High Street, Wimbledon, London
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