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£2,000,000 Guide Price
Bedrooms
Bathrooms
Guide Price 2,000,000 to 2,200,000
This is a rare chance to own a Grade II listed 4-5 bedroom semi-detached house, along with a double garage at the back, which used to be a stable. The house has been lived in as one home but previously had planning permission to be split into two flats, offering plenty of flexibility for the future. The garage could also be transformed into a separate living space, subject to the right planning permissions, and there are examples of similar conversions in neighbouring properties.
Inside, the house has a lot of character. The ground floor features a separate kitchen and a lovely reception room with large sash windows, original shutters, and a classic Georgian marble fireplace. Downstairs, the lower ground floor includes a big utility room and a fourth bedroom, which even has a built-in sauna! There are also double doors that open out to a small front patio, which was once used as a coal cellar.
The first and second floors offer three double bedrooms with sash style windows and natural solid wood floors and two family bathrooms, providing spacious living arrangements. Whether you want to turn the house back into two flats or keep it as one home, the layout gives you plenty of options.
What makes this property unique and special is the private driveway through the porte-cochere
leading into a courtyard with a former stable that is now a double garage. The garage/stable still
shows the original well worn cobblestone floor. Subject to planning consent it could be developed into a mews house or separate dwelling.
This property is full of potential whether youre looking for a family home with lots of charm or an investment opportunity, its a chance that doesnt come around often.
Outside
Iron gates provide entrance from street level with a driveway and access through a porte-cochere into a spacious 50 ft courtyard leading to the garage/stable.
Situation
The property is located in a popular high amenity location with a fabulous variety of local pubs, cafes and independent shops close at hand. With both Underground Tube and DLR options within close walking distance allowing for an easy commute into the City and across town.
Property Ref Number:
HAM-58342Your 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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