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£2,500,000 Offers in excess of
Bedrooms
Bathrooms
This rarely available and beautifully renovated home offers sensational living space whilst retaining a wealth of character including impressive ornate staircase, beautiful fireplaces, window shutters and cornicing. The bright and flexible accommodation comprises on the raised ground floor: entrance hall with bespoke cabinetry, WC and two wonderfully bright reception rooms with open fireplaces. On the natural lower ground floor there is a magnificent kitchen/dining room affording access to both the rear garden and the front of the property. The kitchen boasts stunning bespoke kitchen units with high-end integrated appliances, a useful utility room and a separate larder/storeroom. There are four generous bedrooms including the principal bedroom enjoying a stunning Jack and Jill bathroom and two beautifully appointed family bathrooms. A particular feature of the property is the secluded, south-west facing walled garden being mainly laid to lawn with a York stone paved patio area. Additionally, there is a a sizable front driveway which offers ample off-street parking.
Situation
Rectory Grove is excellently positioned in the heart of Clapham Old Town and close to the open expanses of Clapham Common with its wonderful recreational facilities. Clapham Old Town offers various boutiques, bars, various restaurants including the Michelin star rated Trinity, 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 including nearby Eaton House, Parkgate School, Thomass and Lcole de Wix Lyce franais.
Property Ref Number:
HAM-60701Map location is not available for this property.
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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