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£2,850,000 Guide Price
Bedrooms
Bathrooms
This detached house on Montana Road in West Wimbledon features five spacious bedrooms and is in excellent condition. The property boasts a modern, open-plan kitchen, living, and dining area, perfect for family gatherings and entertaining. The house includes a beautiful, southerly-facing garden that enjoys plenty of sunlight throughout the day. Located on a prestigious road, the home offers a desirable address in the sought-after West Wimbledon area.
The property is arranged of three floors. The ground floor comprises of a spacious entrance hall, large front reception room, an open plan kitchen dining room leading onto a second reception room. The dining room has sliding doors leading out onto the southerly facing garden. The ground floor further benefits from a utility room and cloakroom.
The first floor comprises four spacious bedrooms, two of which have en suite bathrooms and a separate family bathroom.
The third floor has a double bedroom, a separate bathroom and spacious storage.
The property is situated on one of the most sought after residential roads in the area and is well placed for access into Raynes Park with its commuter station and selection of useful shops and businesses.
The area is also well regarded for its sporting and recreational facilities as well as for its choice of schools in both the state and private sectors, including Kings College School and Wimbledon High School. The green spaces of Wimbledon Common, Holland Gardens and Cottenham Park are within easy reach.
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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