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£2,250,000
Bedrooms
Bathrooms
Secluded behind mature hedges is a large driveway which leads up to the covered front door and entrance into the hallway. At the front of the property is the first reception room with feature fireplace and bay window letting in plenty of natural light. The second reception room is located on the opposite side of the property and has large, dual aspect windows and feature fireplace in between two built in cupboards/shelving. The back of the property comprises an open plan kitchen/dining/family room, with contemporary kitchen with kitchen island, separate utility room, large skylights above and bi-folding doors opening on to the patio area of the rear garden, creating the perfect space for indoor/outdoor living, dining and entertaining. Also on the ground floor is an office and downstairs WC. Upstairs on the second floor is a modern family bathroom with separate shower and bath, plenty of built in storage in the hallway and five bedrooms. Two of the further bedrooms contain built in storage, the guest bedroom has an en suite bathroom and another has a large bay window. The principal bedroom has a wall of built in wardrobes and a contemporary en suite bathroom with separate shower, bath and bidet. At the front of the property is a driveway, side access to the rear garden and also the detached garage which is set behind the house to the right of the garden.
Outside
Leading out from the open plan kitchen/dining/family room is a patio area providing a secluded seating area with built in barbecue space, taking full advantage of the sunny, southerly aspect, perfect for outdoor entertaining. From the patio area are steps leading up to the lawned area of the 115ft., landscaped garden which is surrounded by mature trees and shrubs. At the back of the property is a sheltered play area and shed. At the side of the garden is the detached garage, providing plenty of storage space.
Situation
St. Marys Road is located in the popular Southborough Conservation Area in Surbiton and is conveniently situated for access to both Kingston and Surbiton town centres with their array of shops, restaurants and transport links. Surbiton station is just under a mile away with a frequent, fast service to London Waterloo, making it an ideal location for commuters. Maple Road, with its farmers market and selection of independent cafes, pubs and shops, is just a mile away. The River Thames and Kingston riverside walk leading to the town centre is just over a mile away and Richmond Park, Bushy Park, Home Park and Canbury Gardens are also within easy reach. Surbiton, Kingston and nearby Wimbledon and Hampton are renowned for their excellent state and independent schools.
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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