4 bedroom terraced for sale

£5,950,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

41 Elystan Place is newly built house, behind a retained period facade. Created by the award winning Jubilee Partners, anticipating the needs of their clients in an intuitive fashion.

Two and half years in the making, 41 Elystan Place offers a fabulous tapestry of textures and materials, woven together to create an elegant and calming retreat from the city outside. Each space is clearly defined, and beautifully wrought.

The high specification includes air conditioning in every room, bespoke kitchen and utility rooms, underfloor heating, Lutron lighting, Water Monopoly bathrooms throughout, WIFI and integrated speakers, and acoustic and thermal wall linings, to ensure you can enjoy them.

The accommodation includes a fabulous reception room which opens onto the outside in south facing garden, complete with external fireplace at its centre. The kitchen and dining area is ideal for relaxed entertaining, whilst the gym is perfect for letting off steam. A fully fitted utility room, plant room and seasonal store provide the less glamorous space that is none the less essential for an easy to run home.

The principal bedroom is on the second floor, and whilst it provides all the space that one could desire, with dressing room and fabulous bathroom ensuite, it is the vaulted ceilings and charming views that make it stand out to us. There are, of course, three further double bedrooms. One, with an ensuite bathroom, for guests, discreetly situated away from the rest of the family accommodation. The other two share a beautifully appointed family bathroom.

Elystan Place is a residential street, which runs one way into Chelsea Green, well known by many, and a delight to be discovered by others. This 'village green' is surrounded by an ecosystem of shops, restaurants and cafes, which has put it firmly on the foodie map, whilst being a huge convenience for those simply shopping for the groceries, or getting the dry cleaning done. Of course, Kings Road, Sloane Street and Pavilion Road are nearby, as well as the park at St Lukes.

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

£ 5239200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 148750
  • 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

£ 776700
  • 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

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  %

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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