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£3,650,000 Guide Price
Bedrooms
Bathrooms
Coming to the market for the first time in over 60 years is this delightful family home which has a wealth of character and has been sympathetically extended by the current owners over the years. You enter via the welcoming entrance hall, with its attractive tiled floor, and views through to the back of the house and out to the lovely rear garden. Either side of the entrance hall are two well-proportioned reception rooms, both with attractive bay-windows overlooking the elegantly landscaped South Park Gardens. One of these rooms is double length, creating an exceptional room, ideal for entertaining. The two front reception rooms also include decorative fireplaces. To the rear is a wonderful open-plan kitchen/breakfast room with bi-folding doors leading out to the large garden. The ground floor also includes a cloakroom, utility room and integral garage. The first floor includes a spacious landing and 5 double bedrooms, one of which has an en-suite, in addition to the separate family bathroom. There is a further bedroom and a shower room on the second floor, as well as access to the expansive loft area, which offers the potential to convert.
Situation
The property is set in a conservation area and located in a prestige position within Kings Road. Immediately opposite is one of the most beautifully maintained residential parks in South London, namely South Park Gardens. Furthermore the property is superbly convenient for Wimbledon Town Centre being within 500m, with its excellent mainline station and District Line tube service. Nearby Wimbledon Village includes a good range of exclusive boutiques, bars, restaurants and access to the open spaces of Wimbledon Common.
Property Ref Number:
HAM-61273Map location is not available for this property.
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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