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£3,500,000 Offers in excess of
Bedrooms
Bathrooms
The beautifully appointed accommodation comprises: entrance hall, sitting room with beautiful marble fireplace, full height bay window to the front and a study. The stunning kitchen/dining room is fitted with ample storage, high-end appliances and full width bi-folding doors opening to the decked rear garden. On the first floor there is a spectacular formal drawing room with ornate marble fireplace and bay window enjoying spectacular views over the Common. There is an impressive principal bedroom with a beautiful en suite bath/shower room and ample built in wardrobe space. Additionally, there are three generous double bedrooms, all with en suite shower rooms. The cleverly designed lower ground level offers two more double bedrooms, also with en suite bathrooms, WC, utility room, wine cellar and a pre-wired media room. Additional benefits include exceptional storage throughout, double glazed sash windows, under floor heating throughout the ground and first floors, as well as in all en suite bathrooms. There is a useful gate to the rear of the garden giving access out to Jedburgh Street.
Situation
The property is situated on Clapham Common North Side overlooking the wonderful open space of the Common itself. Clapham Old Town is conveniently located nearby, offering various restaurants including the Michelin star rated Trinity, numerous bars, boutiques, cinema, supermarket and gym. Clapham Common is the nearest underground station and there are numerous bus stops running east and west and into Central London. The area further benefits from an excellent selection of local state and private schools.
Property Ref Number:
HAM-24570Your 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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