1 bedroom flat for sale

£425,000

1

Bedrooms

1

Bathrooms

Floorplan

Situated in a sought-after location, this delightful one-bedroom apartment offers a perfect blend of modern living and characterful charm. Spanning approximately 424 sq. ft. (39.4 sq. m.), the property is thoughtfully designed to maximize space and comfort.

Upon entering on the ground floor, stairs lead up to the first floor, where youll find a bright and spacious open-plan reception room with a kitchen, measuring 208' x 140' (6.29m x 4.26m). The well-appointed kitchen area features modern appliances and ample storage, making it ideal for both everyday use and entertaining.

The generously sized double bedroom measures 113' x 103' (3.43m x 3.12m) and benefits from built-in wardrobes, providing excellent storage solutions. The property also features a contemporary bathroom with stylish fittings.

Situation

Situated on the highly desirable Church Road in the heart of Teddington, this property is perfectly positioned for a lifestyle of convenience and charm. Teddington is a vibrant and sought-after area, offering an ideal mix of urban and suburban living.

Teddington benefits from excellent transport links, with Teddington Railway Station just a short walk away, providing direct access to central London via South West Trains, reaching Waterloo in approximately 30 minutes. There are also numerous bus routes nearby, offering easy connections to surrounding areas such as Kingston, Richmond, and Heathrow. For those driving, the A316 is easily accessible, providing a quick link to the M3 and M25.

Families will appreciate the proximity to a range of outstanding schools, both primary and secondary. Local options include Teddington School and St. Marys and St. Peters CE Primary School, both known for their excellent reputations. For private education, The Mall School and Newland House School are nearby.

Teddington is renowned for its abundance of green spaces. Bushy Park, one of Londons largest royal parks, is just a stones throw away, offering expansive walking trails, tranquil lakes, and plenty of space for outdoor activities. Teddington Lock and the River Thames also provide picturesque riverside walks and cycling routes, perfect for nature lovers.

The area is home to a variety of excellent eateries, from trendy cafes to fine dining restaurants. Teddington High Street also boasts a wide range of independent shops, cafes, and restaurants for all tastes.

Property Ref Number:

HAM-57061

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

£ 353325

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
    £ 10625
  • 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

£ 34575
  • 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

Adjust these figures

  %
  %
£
  %

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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