5 bedroom terraced for sale

£3,250,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

Constructed in the early 19th century, this classic Georgian mid terrace property has undergone exemplary restoration and thoughtful extension by a Housing Design Award-winning architect. Period details have been meticulously recreated, including intricate joinery, traditional window shutters, elegant fireplaces and classic sash windows. These heritage features are well complemented with modern touches: luxurious bathrooms, a Bulthaup kitchen, York stone and timber flooring. This property is a stones throw from the heart of Wimbledon Village, with its boutique shops and restaurants as well as Wimbledon Common and Town with its excellent public transport links. There are numerous prestigious schools in the area including Kings College and Wimbledon High amongst other sort after prep schools.

The living accommodation offers over 2400 sq ft spread across 5 floors. On the ground floor you have 2 reception rooms and tranquil seating area with natural light flooding in and access to the garden as you head down to the lower ground floor. At this level there is a front dining room, kitchen, utility, cloakroom, W.C and garden access. On the upper floors you have 4 bedrooms, 2 bathrooms, a further living room and a study/5th bedroom at the top with picturesque views across London. To the rear lies a stunning south-facing landscaped garden, designed by a renowned British garden designer.

Opportunity to purchase a garage close by.

Situation

Ridgway is situated in a conservation area in Wimbledon Village and is well-located for access to the 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.

Property Ref Number:

HAM-61006

Features
  • Freehold

Map location is not available for this property.

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

£ 2822700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 81250
  • 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

£ 385200
  • 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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