5 bedroom detached for sale

£2,100,000

5

Bedrooms

2

Bathrooms

Floorplan

An immaculate detached five-bedroom Victorian family home, situated on Norman Avenue, just moments away from St Margarets Village.

The house provides approximately 2200 sqft of well-arranged living space across three floors. The ground floor boasts a generous double reception room which is flooded with light owing to the large bay window. At the rear of the house, the open plan kitchen/dining family area opens onto the 48ft southwest-facing garden with bi-fold doors, creating effortless indoor/outdoor living spaces. Completing the accommodation on this floor is a downstairs WC and a cellar.

The first-floor hosts three very generous bedrooms, along with a smaller fourth bedroom and a family bathroom. The principal bedroom ensuite is located on the top floor and offers excellent storage. This charming Victorian family home has been impeccably maintained during the current owners tenure and comes to the market with no onward chain.

Outside

The delightful southwest facing garden offers a patio seating area and astroturf lawn bordered by mature shrubs and trees

Situation

Norman Avenue is located around half a mile from Richmond Bridge and adjacent to the delightful St. Margarets Village, offering a host of local shops, cafes and eateries as well as St. Margarets mainline station, which is an approxmiatley 5-minute walk away. Richmond town centre is immediately on the other side of Richmond Bridge and offers a selection of mainstream retailers, independent shops and restaurants, two cinemas and two theatres. Norman Avenue is adjacent to the beautiful Marble Hill Park, situated along a lovely section of the River Thames. There are many excellent schools in the area, both state and independent choices plus various international schools.

Property Ref Number:

HAM-61007

Additional Information

Transport links: St Margarets Station provides direct services into London Waterloo via the stopping route. Faster services are available from Richmond Station, along with District Line Underground and London Overground services. For travel by road, the A316 becomes the M3 after five miles, allowing a fast transfer to the M25 or continuation to the west. The opposite direction takes you directly into central London, with Hyde Park Corner being just over eight miles away.

Map location is not available for this property.

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

£ 1793450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 52500
  • 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

£ 218450
  • 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

Adjust these figures

  %

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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