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£3,950,000 Guide Price
Bedrooms
Bathrooms
A substantial detached 6 bedroom house with extensive lateral living space, tucked away in a quiet residential cul-de-sac, close to Wimbledon Village and Wimbledon Common. This family home has incredible potential to add even further value with the opportunity to refurbish and extend if need be.
Greenoak Way is approached via a residential cul-de-sac. The house itself has off-street parking for multiple vehicles, which in turn leads into the integral double garage. The house is spread across three floors where the front entrance leads into the spacious entrance hallway from which multiple rooms have access from.
The double drawing room has a number of incredible period features including a marble fireplace. The French doors provide direct access out to the rear garden offering natural light from both sides of the room. Off the entrance hallway are a number of other rooms including the dining room, family room, utility room, WC and access to the integral garage. The generously sized kitchen/breakfast room also leads out the the rear garden.
On the first floor, there are five large double bedrooms. The principle bedroom features built-in wardrobes and an en-suite bathroom with a separate shower. There are two further en-suites and a family bathroom on the first floor. The second floor features an additional storage/office space, which is ideal for working from home. a separate family bathroom and a sizeable sixth bedroom, overlooking the extensive 20 metre private rear garden.
The property is conveniently located for Wimbledon Village High Street, which offers an excellent range of boutique shops, bars and restaurants, while also having access to the plentiful open green spaces of Wimbledon Common.
The area is well regarded for its sporting and recreational facilities as well as for its choice of Outstanding schools in both the state and private sectors, including Kings College School and Wimbledon High School. The famous All England Lawn Tennis and Croquet Club is only 0.5 miles away.
Transport links are close at hand, the nearby A3 provides access to major motorways and into central London. Local bus routes are towards Wimbledon and Putney, with rail and tube stations that have regular services into London Waterloo and greater London.
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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