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£2,800,000 Guide Price
Bedrooms
Bathrooms
This excellent home is located in a very desirable position overlooking a shared green. The property offers excellent family accommodation, however, also has potential to extend or even re-develop as it is in such a prime village location.
The property in entered into a spacious entrance hall with extensive storage cupboards. A cloakroom is found off the hall. The property enjoys two linked reception rooms with wood floors which can be used as a sitting room, dining room and family area. A study is found off this reception space. The kitchen is to the front and side of the property with an extensive range of cupboards and high quality appliances. The first floor has a main bedroom with en-suite shower room and access to a terrace. There are four further bedrooms at this level including a guest bedroom with en-suite shower room. A family bathroom serves the other bedrooms.
Outside
The front of the property has a lawn with driveway leading up to the integral garage. Side access leads to the large rear garden with a south easterly aspect. The garden has a substantial garden room or studio, which could be used for multiple purposes.
Situation
Margin Drive is a sought-after residential location, overlooking a beautiful central green and is close to Wimbledon Common. Wimbledon Village, with its array of cafes, bars and restaurants is a short walk away, as well as Wimbledon Station (1 mile) providing excellent links in to Central London.
Property Ref Number:
HAM-57674Your 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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