Cranley Mansions, 160 Gloucester Road, South Kensington, London, SW7

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Available / For Sale

3 bedroom flat for sale

£3,500,000

3

Bedrooms

3

Bathrooms

Floorplan

Located on the raised ground floor of an attractive red brick mansion block, this spacious three-bedroom property offers 2,321 square feet of well-arranged lateral living space in an enviable South Kensington location.

The heart of the home features a spectacular double reception room with 12-foot ceilings and dual aspect windows, flooding plenty of natural light into the space. With period detailing and grand proportions, this room offers an ideal setting for both formal entertaining and relaxed everyday living.

Accommodation comprises three generously sized double bedrooms, each with its own en suite bathroom, providing comfort and privacy for both residents and guests. The principal bedroom includes a walk-in dressing room and a large four-piece end suite.

The home is further enhanced by a large eat-in kitchen, perfect for family dining or casual entertaining, as well as a separate guest WC, completing the generous floorplan. The communal areas are presented in immaculate order and the building benefits from a porter.

Cranley Mansions is situated in the heart of South Kensington, close to a wide range of local amenities, including shops, restaurants, and cafs on Old Brompton Road, Fulham Road, and Gloucester Road.

The area is also home to several well-known cultural institutions such as the Natural History Museum, Victoria and Albert Museum, and the Royal Albert Hall. Hyde Park and Kensington Gardens are nearby, offering green space within walking distance.

Excellent transport connections are available from South Kensington and Gloucester Road Underground Stations (District, Circle, and Piccadilly lines), providing easy access to the West End, the City, and Heathrow Airport.

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

£ 3046450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 87500
  • 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

£ 421450
  • 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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