5 bedroom detached for sale

£2,500,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

This interesting architect-designed, contemporary house is entered by double entrance doors giving access to the wide entrance hall. The hall leads to a ground floor study, a cloakroom and a ground floor bedroom with en-suite bathroom. Double doors lead to the dining room which has a hardwood floor, open double-sided fireplace and sliding patio doors to the garden. The main reception room has a conversation pit in one corner, making this room a lovely place to entertain. This room has a hardwood floor and a timber clad ceiling, giving a warm atmosphere. The kitchen has an original Poggenpohl kitchen and more recent high quality appliances. A screened utility area is in one corner with access to the garden. A further kitchen door gives side access. The kitchen is open plan to the large breakfast/family area with a hardwood floor and double doors to the dining room.
The entrance hall has a bespoke metal and wood staircase leading to the first floor. The main bedroom is very spacious with built in cupboards and a large en-suite bathroom. This level has three further double bedrooms, two of which have built in cupboards. The family bathroom has a bath with wall mounted shower, twin basins and a W.C. The property has a double garage and useful storage to the front.

Outside

The property enjoys a large and mature garden which is lightly sloping with a lawn area and a good range of mature trees, plants and shrubs, which include a lovely flowering magnolia. To one side of the garden is a detached brick-built summer house which offers potential for a garden room, art space, playroom and storage space.

Situation

Seymour Road is a quiet residential street within 750 metres of Wimbledon Common. Wimbledon Village with its range of pretty boutiques and restaurants can be reached around 1000 metres away with the 93 bus route offering a regular service to Wimbledon mainline (London Waterloo 17 minutes or West End via Underground District Line 25 minutes). Locally are a number of popular schools including Kings College School and Wimbledon High School. Wimbledon Town has a good selection of supermarkets, cinemas, restaurants and a theatre.

Property Ref Number:

HAM-57264

Features
  • Freehold

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

£ 2151450

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
    £ 62500
  • 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

£ 276450
  • 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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