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£3,900,000 Guide Price
Bedrooms
Bathrooms
A substantial period residence which is currently arranged as a GP surgery on the ground floor and three flats on the upper floors. Already boasting over 5300 square feet, the property has consented planning for significant massing to enlarge the property further. This offers a variety of possibilities such as a grand single dwelling house, multiple flats, school, nursery, and various other possibilities which will be subject to your own investigations. The ground floor spans 2553 sq. ft. with a multitude of rooms currently used by the GP practice but can be re-configured to offer a conventional family orientated layout. On the first floor there are two flats totalling six rooms, two bathrooms and two kitchens. The top floor has a further flat with two rooms, kitchen, bathroom and storage area. Between the first and second floors, the layout can be reconfigured to have six/seven bedrooms and five bathrooms.
Outside
Forecourt; providing off street parking. Path to main door and side access.
Rear; 126ft (approx) garden with patio and lawn areas. Accessible via reception rooms one and four and side lobby area.
Situation
Located on one of Ealings finest roads and just moments away from the Ealing Cricket club and pavilion. There are numerous high performing schools nearby which include Durston, St Benedicts, Ada Lovelace, St Augustines, Montpelier and Notting Hill & Ealing High. Ealing Broadway station is just 0.4 miles away with superb connections in and out of London via two underground lines (District and Central) the GWR overground and the excellent Elizabeth line. Such connections include, Heathrow, Bond Street, Tottenham Court Road and Canary Wharf. Central Ealing Broadway which is just beyond the station has a wealth of shops, bars, restaurants and gyms.
Property Ref Number:
HAM-55164Your 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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