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£6,950,000 Guide Price
Bedrooms
Bathrooms
This is an exceptionally well presented and extremely practical family house, in a highly regarded residential street, which runs north into Kings Road.
The house has been fully refurbished and extended by the current owners to a very high standard. It is spacious and bright, with a wide footprint on each floor and an abundance of natural light throughout. This is accentuated by the modern dcor which is simple and stylish, providing a wonderful backdrop for an art collection.
The property offers a level of practicality that is rare in Chelsea. This includes off street parking (with electric car charging), a spacious garage which will house all but the very largest cars and is currently used as a gym, and a deep rear garden with an open aspect to the south and west.
The internal accommodation is air conditioned throughout and provides generous space for both entertaining and bedroom accommodation. The formal drawing room, with wet bar, opens onto a terrace at ground floor level, whilst the extremely well-equipped kitchen opens onto a dining area, and the fabulous sitting room beyond draws the eye due to the abundance of natural light. There is a study or staff bedroom with shower room adjacent and a separate entrance if required, as well as a full utility room.
Upstairs the bedrooms are all well-proportioned, with ensuite bathrooms and beautifully fitted cupboards. The main suite on the first floor has the option of a secondary dressing room with shower room, or simply a further double bedroom ensuite.
Shawfield Street has been home to some landmark Chelsea house sales in recent years. The wide one way street, convenient for both Kings Road and the green spaces of Burton Court and the Chelsea Physic Gardens, as well as a plethora of excellent locals schools, makes it an ideal location for a family home.
The specification includes: Air Conditioning, Underfloor heating, Programmable Lutron Lighting, Integrated Sonos Sound system, Poggenpohl Kitchen and electric car charging.
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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