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£2,650,000
Bedrooms
Bathrooms
The walled front driveway leads to a grand front door and entrance hallway with original tiled flooring. On each side of the hallway is a reception room, both with beautiful bay windows and feature fireplaces. One has built in storage and shelves, the other spans the length of the property and has French doors at the end which lead out into the sunny conservatory which takes full advantage of the south facing aspect. On the opposite side of the property is a contemporary kitchen with kitchen island which leads through to a dining room, also with French doors out onto the garden. The ground floor is complete with a downstairs WC, utility/storage room to the side of the kitchen and stairs down to a large basement providing plenty of storage space. Upstairs the property has spacious landing off which is a shower room with separate WC and five large bedrooms, all with built in storage and the principle with en suite bathroom.
Outside
Outside the property has a secluded south facing, 86ft. mature rear garden with patio seating area and shed storage area at the end. To the front is a wide driveway providing plenty of off-street parking and side access through to the rear garden on one side and into the utility/storage room on the other.
Situation
The property is conveniently located for access to both Surbiton and Kingston town centres with frequent bus services close by. It is just 0.5 miles to Surbiton station with a frequent fast train to London Waterloo making the area popular with commuters. St. Leonards Road is located just off the popular Maple Road, with its farmers€™ market and selection of independent cafes, pubs and shops and Kingston riverside walk is also within easy reach.
Map 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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