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£4,600,000
Bedrooms
Bathrooms
The property offers appealing period features retained throughout including ornate cornicing and wooden loors being found in abundance. The raised ground floor has a delightful kitchen/breakfast room with a feature fireplace and large windows with a pretty outlook over the front garden. Double doors lead through to the formal dining room that provides access out to the lovely rear garden. The lower ground floor can provide separate accommodation if required with its own front door. The current layout has a utility room, family room, study/fifth bedroom and a family bathroom. There is also access to the rear garden. The first floor provides a particularly grand double reception room space with two sets of double doors that open on to a delightful balcony and
provides an exceptional entertaining space. The main bedroom is on the second floor with an en suite bathroom and built-in wardrobes. The further three bedrooms, bathroom and shower room are on the top floor. There is also the potential to extend subject to the necessary consents. The house also has the additional benefit of access to the beautifully maintained communal gardens of Ladbroke Square opposite.
Situation
The house is ideally located in the heart of Notting
Hill within easy reach of the fashionable shops and
restaurants on Westbourne Grove and the world famous Portobello Road. Notting Hill Gate (District, Circle and Central lines) is the nearest underground station and provides excellent transport links to the City and the West End. The beautiful open spaces of Holland Park and Hyde Park are also nearby.
Property Ref Number:
HAM-1229Map 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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