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£3,000,000 Guide Price
Bedrooms
Bathrooms
The well laid out and beautifully balanced accommodation comprises: cloakroom, stunning galleried dining room overlooking an impressive 28 double height reception room and a modern kitchen/breakfast room with French doors out to the landscaped garden. On the first floor there is a spacious principal bedroom with bay window overlooking the Common, a modern en suite bathroom, separate WC and a further bedroom giving access to a roof terrace. There are three bedrooms and two bathrooms (one of which Jack and Jill) on the second floor and an additional bedroom on the top floor. Additional benefits of the property include driveway parking with useful side access to the landscaped rear garden and potential scope to further extend (subject to the necessary planning permission and consents).
Situation
Enviably situated in the heart of Clapham Common, the property is ideally located within close proximity to the wonderful selection of shops, bars and restaurants of both Abbeville Village and Clapham Old Town. Clapham Common and Clapham South Underground Stations (Northern Line) are equidistant with a number of various good bus routes. The area further benefits from an excellent selection of local state and private schools including nearby Eaton House, Parkgate School, Broomwood Hall, Thomass and Lcole de Wix Lyce franais.
Property Ref Number:
HAM-56444Your 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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