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£1,850,000
Bedrooms
Bathrooms
A spacious and bright split level apartment available to buy of approx. 1413 sq.ft (131.3 sq.m). The apartment is arranged on the ground and lower floors with direct access to a private garden. This attractive period building is situated on a residential road within a few minutes walk of the river Thames and Kings Road. There is a private front door entrance into a spacious reception room with high ceilings, a guest cloak room, a kitchenette/breakfasting area opening onto the rear reception room with attractive skylight and doors leading to the rear garden. Stairs lead down to the sleeping area comprising of two double bedrooms, both with en-suite bathrooms. The rear bedroom also has direct access to the private garden. There is wooden flooring, a feature fireplace, sash windows, coving and gas central heating. The apartment is located in a very desirable area next to Cheyne Walk and is within easy access to Sloane Square, South Kensington, Chelsea Harbour (Imperial Wharf) and Victoria mainline station with Gatwick Express link.
Available through Garton Jones Chelsea & Belgravia.
Leasehold: 999 years from 29/09/2004 (expires 29/09/3003)
Service Charges: approx. 2,869.66 per half year - inclusive of Ground Rent
EPC Rating: C
Council Tax: Royal Borough of Kensington & Chelsea (band E).
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.
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