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£2,200,000
Bedrooms
Bathrooms
A stunning and classically designed 3057sq ft five bedroom townhouse constructed by renowned developers Octagon, occupying a prime position set around beautifully landscaped gardens.
The property is superbly presented with excellent natural light. The main reception room on the ground floor is spacious and bright, and leads onto the kitchen/diner at the rear, with doors opening out onto the private garden. On the lower ground floor there is another large reception room, downstairs W/C and utility room
On the first floor is the principal bedroom suite with en-suite bathroom and another well proportioned second bedroom, also with en-suite bathroom. Three further bedrooms and two bathrooms (one en-suite) are on the top floor.
The property further benefits from two underground parking spaces.
Situation
This exclusive and secure square is located adjacent to the river in desirable St. Margarets about a mile from Richmond. Charming St. Margarets village provides well for everyday needs and has an overground station and nearby Marble Hill park is delightful.
Richmond offers extensive and sophisticated facilities and the station combines a fast and frequent main line service to London Waterloo, the District line tube and the Overground service to Stratford via North London.
Property Ref Number:
HAM-58454Your 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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