4 bedroom detached for sale

£1,895,000

4

Bedrooms

2

Bathrooms

Floorplan

Between Twickenham and Richmond Bridges, with views across the river to the Old Deer Park, Asgill House and the historic gardens of the old Richmond Palace, the house offers near-instant access to the river as well as easy access to all of the areas most scenic walks, cycle rides, paddles and the many other wonderful outdoor and sporting venues, amenities and green spaces. The Old Deer Park, Richmond Riverside and Green, Petersham Meadows and Marble Hill Park are all moments away. At the end of a quiet residential cul-de-sac within a close-knit community, the property has an approximately 27 9 m garden and is bordered on three sides by c. 1200 m of public woodland and greenery, with only one adjoining property - a rare combination of riverside proximity, green space, privacy and safety with the added benefit of no onward chain.

Outside

Spacious garden surrounded by mature greenery, ideal for family living and entertaining.

Situation

Park House Gardens forms part of a very desirable residential area of attractive family houses, distinctly located close to Richmond Bridge and the River Thames, yet feeling very quiet and free of traffic. The comprehensive and sophisticated facilities of Richmond town centre are close at hand as is Richmond Station with fast direct services to London Waterloo, London Overground and Underground (District Line). Local shops and amenities such Deer Park School are located on the Richmond Road which is close by.
Marble Hill Park is also relatively close and a firm favourite with families. The River Thames provides endless riverside walks, water activities and boat trips towards central London and Hampton Court.

Property Ref Number:

HAM-60089

Additional Information

There are easy, scenic walks to Richmond station and St Margarets station for fast links into central London, as well as to Richmond town centre, Richmond Bridge shopping area and St Margarets village, offering an outstanding range of shops, restaurants, cafs and other amenities. The property is in the catchment area for several Ofsted Outstanding schools, including Deer Park School (650 m), St Marys Primary and Orleans Park. Blending Art Deco charm with generous living space and an exceptional position on the St Margarets side of Richmonds historic riverfront, this is a rare chance to secure a characterful family home with outstanding potential and experience the very best of riverside living.

Features
  • Freehold

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1609975

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 47375
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 188725
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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