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£900,000
Bedrooms
Bathrooms
This superb four-bedroom semi-detached home, owned by the same family for over 30 years, offers a unique opportunity for refurbishment and extension (subject to usual consents). Set back behind a charming front garden, the property provides a blank canvas for modernization to suit individual tastes.
The ground floor features a bright reception room at the front, a kitchen/reception room at the rear, and a family bathroom. The kitchen, equipped with built-in units and integrated appliances, opens onto a maturely planted garden with side access. A brick built room at the rear offers excellent potential to refurbish into a home office or studio.
The first floor comprises two spacious double bedrooms, a single bedroom, and an additional bathroom. A further bedroom with eaves storage and a WC is located on the second floor.
Conveniently situated close to East Sheen, this property is just 0.4 miles from local shops, boutiques, and restaurants. Richmond town centre is approximately 1.6 miles away, offering further amenities. Mortlake railway station, located 0.5 miles from the property, provides frequent services to Waterloo and Clapham Junction.
The area is well-served by excellent schools, including Thompson House, East Sheen Primary, Sheen Mount Primary, and prestigious independent schools like St Pauls and Ibstock Place. The German and Swedish Schools are also nearby.
Local leisure options abound, with the Roehampton Club, Bank of England Sports Ground, Sheen Tennis and Squash Club, and several golf courses, including The Royal Mid Surrey and Richmond Golf Club. Richmond Park, with its 2,300 acres of green space, offers ample opportunities for outdoor activities.
This property presents a fantastic opportunity for those looking to modernise and create their ideal home in a highly sought-after location.
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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