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£30,000,000 Guide Price
Bedrooms
Bathrooms
A very rare Freehold mansion, nestled in a double-width garden, available for sale for the first time in 60 years.
We are privileged to introduce this unique property, which offers the fortunate buyer a rare combination of privacy and grand living, in one of Londons most sophisticated leafy villages.
This remarkable, freehold neo-Georgian mansion is in a delightful and convenient position on the corner of Radlett Place and Avenue Road, opposite the junction of Acacia Road and makes an impressive statement in the road.
The sense of grandeur becomes apparent when considering the dimensions, which are approximately twice the width of most other properties in the road (Width: 128ft/38.8m and Depth: 139 ft/42.3m). While the site covers a total area of 0.41 acres (0.17 hectares), with Radlett Place on one side, it is therefore a substantial distance from its neighbours.
ACCOMMODATION
Master Bedroom Suite (with large Dressing Room and Bathroom)
6/7 further Bedrooms with 2 Bathrooms
Drawing Room
Study
Dining Room
Kitchen/Breakfast Room
Morning room
Utility Room
Cloakroom
Double Garage
The property occupies a superlative position in St Johns Wood. As one of the first leafy villages you encounter north west of Mayfair (only 10mins drive away).
The property is rich with refurbishment/redevelopment potential. Extensive research has been undertaken, details of which can be provided upon request.
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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