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£2,250,000 Guide Price
Bedrooms
Bathrooms
The property offers beautiful proportions and period features including high ceilings, original staircase, ornate fireplaces and large sash windows. Accommodation comprises on the raised ground floor: spacious entrance hall, impressive 21 double aspect drawing room with period fireplace and large French doors opening to a Juliette balcony, further 21 reception room and a wonderful office/study with views over the garden. On the natural lower ground floor is a double aspect kitchen/dining room with French doors opening to the wonderful, south-west facing garden, separate store/utility room, WC, bedroom with en suite bathroom and a generous playroom/bedroom 5 with access to the garden. On the upper floors, there is a principal bedroom with generous en suite shower room including bespoke built-in wardrobes, two further bedrooms, a family bathroom and a useful loft room. The property further benefits from a separate summer house/studio at the bottom of the garden with kitchenette, power and light.
Situation
The property is located on this most sought after, beautiful street in the heart of the Stockwell Park Conservation Area, conveniently located between the nearby and vibrant Brixton and Clapham High Streets. Nearby Stockwell underground station is approx. 0.4 miles distant and provides access to both the Victoria and Northern Lines. Bus services, provide easy access into the City and West End. The area also benefits from being on the fringes of the exciting Nine Elms redevelopment area including Battersea Power Station.
Property Ref Number:
HAM-52090Your 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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