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£1,750,000
Bedrooms
Bathrooms
Having undergone a programme of renovation and extension, this spacious family home offers 2,044 square feet of accommodation, with further potential of extension to the ground and first floors, where planning permission is already in place.
Approached via a well presented front garden, the entrance hall opens into the internal space, with stairs to a cellar providing extensive storage. There is a spacious double reception room, with bay window to the front enjoying a easterly elevation, double doors to the garden and two feature period fireplaces. To the rear of the house is an extended kitchen/dining room, with bi-folding doors opening to the west facing rear garden. The owners have sought planning permission to extend this kitchen space by filling in the side return - further details can be made available by request.
To the first floor, the principal bedroom is to the front of the house and benefits from extensive built in wardrobes, there are two further double bedrooms to this floor, and a family bathroom.
The second floor of the house has been extended by the current owners, and now offers another 502 square feet of space, with generous head height. To this floor, there is now a large double bedroom with eaves storage and a Juliette balcony to the rear elevation, a further double bedroom and two shower rooms.
Externally, an extremely special feature of this house is the established rear garden, which at 542 ft., is far more generous than often seen in the area. A paved patio to the rear of the house makes the most of the westerly aspect, and opens out to a lawn with well stocked borders.
Situation
Erpingham Road is one of the most sought after roads in West Putney, ideally located for the amenities of both Lower Richmond Road and Putney High Street, along with the green spaces of Putney Common, the Embankment, and River Thames. Mainline train services can be found at either Barnes or Putney, with Underground services available from East Putney and Putney Bridge stations.
Property Ref Number:
HAM-56018Map 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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