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£2,350,000
Bedrooms
Bathrooms
The impressive ground floor comes with a spacious reception room with high ceilings, a contemporary well-equipped kitchen with a breakfast bar, and a separate dining room. A stunning guest WC sits off the hallway, and a large storage room at the rear of the house. Situated on the first floor, the main bedroom suite stretches the full width of the property, with a beautiful en-suit bathroom and walk-in closet set to one side and access to a good sized balcony with views down the entire length of the mews. The top floor has a further two bedrooms plus a study, and two more bathrooms (one of them en suite).
Situation
Eccleston Square Mews is located between Eccleston Square and Warwick Way, moments from Victoria Station and Belgravia. It is convenient for the many shops, bars, restaurants and theaters on Victoria Street as well as nearby Pimlico. In addition, Eccleston Yard, Elizabeth Street, Pimlico Road and Kings Road are nearby offering renowned shopping, restaurants, gastro pubs and wine bars. Victoria Station offers some of the best transport links in London with access to Gatwick Express, National Rail services, Victoria, Circle and District Lines) as well as many bus routes on Belgrave and Buckingham Palace Road.
Property Ref Number:
HAM-28557Map 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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