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£3,250,000
Bedrooms
Bathrooms
Nestled on the highly sought-after Well Lane, just moments from Sheen Common and the expansive Richmond Park, Mullion Cottage offers a rare opportunity to acquire a truly unique family home.
Spanning approximately 2,800 sq ft over two floors, this exceptional family home boasts generous living and entertaining spaces on the ground floor, whilst the first floor comprises five bedrooms and two bathrooms.
Set within its own beautifully maintained grounds, the house is gated and features a tranquil southwest-facing private garden, mature orchard, and a charming front garden with pond. There is a detached garage at the front and the property also offers scope to extend into the loft (STPP).
Offered to the market with no onward chain, Mullion Cottage has been in the same family for over 50 years. This cherished family home presents a rare blend of character, space, and potential in one of East Sheens most sought-after addresses.
Situation
Well Lane is an exclusive residential road situated on the Parkside of East Sheen. It is surrounded by excellent green spaces including Richmond Park with its 2500 acres of deer-inhabited nature reserve parkland as well as Sheen Common. The property is approximately 0.6 miles away from Mortlake Rail Station, making it well-connected by rail and bus for commuters. East Sheen is naturally popular with families, as there are many excellent schools in the general vicinity including St. Pauls, Tower House, Ibstock Place and numerous first rate State Primary Schools.
Property Ref Number:
HAM-57876Map 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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