7 bedroom detached for sale

£13,500,000 Guide Price

7

Bedrooms

8

Bathrooms

Floorplan

Set behind a gated carriage driveway, this incredible and beautifully presented family home was rebuilt behind the original faade approximately 8-9 years ago and provides over 10,300 sq. ft /960 sq. m of accommodation. Winnington Road is a wide tree-lined street adjacent to the world-famous The Bishops Avenue. At the top of the street on Hampstead Lane lies Kenwood house, an English heritage building with extensive grounds open to the public and leading onto Hampstead Heath. Hampstead golf course Is within a few moments walk of the house and both Hampstead and Highgate villages are within easy reach.

The ground floor provides impressive open plan living accommodation of over 60ft / 18m with five sets of full height French doors leading on to a rear garden offering a large, stone terrace occupying the full width of the plot in the rear garden. Additionally, there is a state-of-the-art kitchen / breakfast room, a separate study and a guest cloakroom.

The first floor offers a large principal bedroom suite consisting of bedroom/sitting area, dressing room and luxury bathroom. There are two further double bedrooms with fitted carpentry and en-suite bathrooms . The top floor has three further bedroom suites and a large utility room.

The lower floor features a fabulous games/entertainment room and bar, a gym with shower room, a cinema room with full surround sound, a staff bedroom suite, a wine cellar and a spectacular eight car garage/showroom.

Full Lutron system, full ducted air conditioning throughout cooling and heating, landscaped rear garden, car lift, electronically operated blinds and curtains.

Exterior -

Reception Room -

Rear Exterior -

Garden -



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 11996450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 337500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 1871450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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