Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
4c Praed Street, Hyde Park and Bayswater, London, Greater London
£2,700,000
Bedrooms
Bathrooms
The ground floor is formed of wide entrance hallway with access to the integral garage, utility/guest WC and a bright open plan kitchen / reception room and giving access to the conservatory.
There is a SW facing reception room on the first floor with feature fireplace, as well as two good sized bedrooms and guest bathroom.
The principal bedroom is on the second floor, featuring wardrobe area and luxurious bathroom, in addition to a second bedroom with ensuite bathroom.
Situation
Conduit Mews is an attractive cobbled mews formed of colourful houses. This property is part of a terrace which was sympathetically built c. 2000 by renown developers St. Georges so benefits from modern infrastructure and efficiency, but designed to mirror classic mews architecture.
The house has an enviable location just a few hundred yards north of the Italian Gardens at Lancaster Gate, which leads to the wide open space and amenities of Kensington Gardens (Hyde Park).
The property is convenient for nearby transport links at Lancaster Gate (Central Line) and Paddington (Elizabeth Line, Circle, District, Bakerloo and Hammersmith and City underground lines, along with National Rail and Heathrow Express services).
Property Ref Number:
HAM-41765Map 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.
4c Praed Street, Hyde Park and Bayswater, London, Greater London
The Property has been saved to your favorites
/ 5
It's quick and easy
