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£2,500,000 Guide Price
Bedrooms
Bathrooms
A lovely period family house located in one of the Wimbledon Villages most attractive roads. The property has steps leading to a covered porch with front door leading to the hall. There is a double reception room at this level with a wide bay window to the front, attractive fireplaces and period features. A half landing has a W.C. and steps leading to the lower ground floor level. This is a wide area with a well fitted kitchen, living and dining area with a bay window to the front, cellar storage to the side and door at the rear giving access to the rear patio. The first floor has been altered to provide a master bedroom and large en- suite bathroom. The second floor provides a further three bedrooms and family shower room.
Outside
The property has a lovely rear garden with stairs that go up from the patio at basement level off the kitchen /breakfast room to a tiled paved area which leads to the raised lawn. The garden has flower and shrub beds and is walled on three sides and fenced on one side. To the front there is a part fenced front gardens with a paved parking area with rails and lightwell giving access to the lower ground floor level.
Situation
Thornton Road is situated in a conservation area off Ridgway and is well-located for access to the Village High Street with its excellent range of exclusive boutiques, restaurants and bars. The property is within half a mile of Wimbledon Common with its excellent range of sporting activities including horse riding and golf. Wimbledon Town provides additional shopping and recreational facilities plus a mainline and underground station offering easy access to Central London and beyond.
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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