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£4,000,000 Guide Price
Bedrooms
Bathrooms
This riverside development is situated in central Richmond. Properties rarely come to market in this special location. This end-terrace home is well presented and thoughtfully laid out. Totalling just under 2800 square feet, the property offers spacious living accommodation over four floors. There is a private riverside patio, garden, a terrace to the main reception room and communal gardens that extend down to the river path. Unspoilt views of the river and Richmonds iconic bridge are afforded from all principal rooms. In addition, there is an allocated parking space and a garage. The accommodation comprises four bedrooms, three reception rooms, two bathrooms, integral garage, a large store room, patio, gardens, and a terrace. This is an exceptional opportunity to acquire a memorable property in a gated development with uninterrupted views of Riverside life, in the centre of Richmond.
Outside
Externally there are two private areas a patio to ground floor and a terrace leading off the reception room, both offering stunning views of the River Thames.
Situation
Northumberland place is situated at the foot of Richmond Hill behind private security gates, The development is 0.5 miles by foot from Richmond station and underground.
Property Ref Number:
HAM-56792Your 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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