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£2,950,000
Bedrooms
Bathrooms
The apartment lies on the third floor (with lift access) and is presented in immaculate condition, combining period charm with modern day living. A wide and inviting entrance hall greets you on arrival. The impressive double reception room has high ceilings and is ideal for entertaining, offering an abundance of natural light and access to a balcony through French doors. A modern spacious and fully equipped separate Kitchen/breakfast room lies across the hallway. There are four double bedrooms (one is currently used an an office) a stylish family bathroom, a further exquisite en-suite shower room, a guest W.C. and excellent storage. The apartment offers just under 2200 square feet of accommodation and enjoys a day time porter.
Situation
Ashley Gardens is one of Westminsters most sought after mansion buildings, located on Emery Hill Street. A tranquil tree lined residential street within the Westminster Cathedral conservation area. It lies close to the open spaces of St. Jamess Park and some of Londons most iconic landmarks, including Buckingham Palace and the Houses of Parliament. A wide selection of bars, restaurants and numerous shops are located on Victoria Street and Cardinal Place. The transport links are superb with access to St. Jamess Park tube station (District and Circle lines) and Victoria Station (Mainline train services, Gatwick Express, Circle, District and Victoria lines).
Property Ref Number:
HAM-60501Map 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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