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£1,350,000 Guide Price
Bedrooms
Bathrooms
Arranged over three floors, the accommodation comprises of an entrance hallway, spacious reception room with an eco wood burner, extended family kitchen/breakfast room with underfloor heating and direct access to the pretty rear garden.
On the first floor is a very large principle bedroom to the front with fitted wardrobes and wooden floors, two further double bedrooms and a family bathroom.
A spacious bedroom with an en-suite shower room can be found on the top (second) floor with ample eaves storage. The loft space also has the opportunity for further extension subject to planning permission.
Outside the property benefits from a large 40 sq ft established garden and a hard landscaped front garden.
Situation
Bassingham Road is one of three popular roads known as 'the 3 Bs'. Situated just off Earlsfield Road it is a lovely Victorian terrace within an easy reach of Earlsfield Train Station and all the shops, bars and other amenities of both Garratt Lane and the Southside Shopping Centre. The green open spaces of Wandsworth Common are a short walk away as well as numerous excellent schools.
Property Ref Number:
HAM-60239Map 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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