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£2,000,000
Bedrooms
Bathrooms
An immaculate freehold townhouse, set in the incredible gated development of Hilary Mews, located in the heart of Borough High Street.
This stunning turnkey home offers a remarkable west-facing roof terrace with city skyline views. Set on five storeys, a large hall area welcomes you into the property with a large living room on the ground floor and well thought utility. The separate kitchen has high specification appliances and a west-facing balcony are located on the first floor, a spacious staircase continues to the principal suite with a stunning walkthrough wardrobe and luxurious ensuite. A further two double bedrooms and bathroom are on the third floor whilst the fourth floor offers a light and airy second lounge/office space straight onto the beautiful roof terrace.
Situation
Hilary Mews is nestled in heart of Borough street. The gated development is within walking distance to The City, other transport options include Borough Underground station, London Bridge mainline station (Jubilee and Northern tube lines) and Thames Uber Boat services. Nearby Borough Market is one of the largest food markets in London where stall holders represent the best of British and international foods with plenty of top-quality restaurants added into the mix. The South Bank, some 8 minutes walk away, is the cultural heart of London and home to some of the most iconic attractions - theatres, art, music and dance, its an exciting place to be.
Property Ref Number:
HAM-56799Your 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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