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£8,000,000
Bedrooms
Bathrooms
An exceptional, laterally arranged three bedroom apartment located on the raised ground floor of a prestigious portered mansion building in the heart of Kensington.
Upon entering the apartment you are greeted by a grand and inviting entrance hall with plenty of storage and a discreet powder room cleverly concealed behind a mirrored door. Located off the entrance hall you will find a spacious reception room with bay window and a separate dining room affording plenty of space to entertain. Both of these family rooms face in a South Westerly direction ensuring a bright and inviting space. The apartment includes a fully serviced, bespoke kitchen with a large breakfast island and top of the range appliances. The luxurious bedroom accommodation is situated towards the rear of the building and offers a principal bedroom with dressing room and a sumptuous en suite bathroom. Furthermore, there are two double bedrooms, both of which have en suite bathrooms and a plethora of storage.
Cedar House is an imposing red-brick Victorian mansion building, located on Marloes Road, situated south of Kensington High Street and within walking distance to several well-regarded shops and restaurants. Additionally, the building is within walking distance of many cultural attractions such as the recently relocated Design Museum, Kensington Palace and the green spaces of Kensington Gardens and Hyde Park where, amongst other highlights, you will find the Serpentine Gallery. For those relying on public transportation, Cedar House offers proximity to High Street Kensington Tube Station (0.2 miles). This convenient transport link allows for easy commuting and further exploration of Londons attractions and cultural landmarks. There are also several highly regarded local schools such as Thomas Prep, Holland Park School and the French Lycee.
Map 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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