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£755,000
Bedrooms
Bathrooms
NEW INSTRUCTION. This stunning split-level maisonette, in pristine condition, is one of the finest examples we have seen. There is an overriding feeling of space and light, particularly noticeable in the 18 x 12 kitchen. Ideally located for the village and Moor Mead Park.
Upon entering through your own private front door, stairs lead up to the first floor apartment, where the majority of the accommodation can be found. In recent years the loft has been converted and this now houses the principal bedroom suite on the second floor.
In brief, there is a spacious landing with a window to the front, access to large double bedroom with space for freestanding wardrobes. A deceptively spacious bathroom with roll top bath and separate walk-in shower, a beautiful period reception room with box bay window, attractive burnished cast iron fire surround, decorative plaster celling cornice and bespoke wooden dwarf cabinets and shelving and, lastly, a magnificent kitchen with a range of attractive painted units with brass ironmongery and stone worktops. The kitchen totals 187 x 122 and is one of the lightest rooms in the property with 3 separate windows and a glazed patio door. From the kitchen, access is provided to a metal fire escape which the seller places a chair on in the summer months to soak up the rays from the South facing aspect. The second floor houses the main bedroom, which has great views, storage and access to an en-suite shower room. The wide open spaces of Moor Mead Park are within a one minute walk.
This is one not to be missed and an early viewing is highly recommended!
Location
St. Margarets is located in the London Borough of Richmond upon Thames, approximately nine miles to the west of central London.
It is a charming, vibrant village with a mainline station to Waterloo and two main shopping parades located along Crown Road and St. Margarets Road, where an extensive selection of cafs, boutiques, restaurants and pubs can be found. Kenley Road is enviably situated in the heart of the village, moments from everything.
Richmond town centre is also within easy access and provides an even greater selection of facilities, including; two theatres, three cinemas and an underground station.
Facilities
Recreational facilities include rowing and boating on The Thames, walking, cycling and running in the numerous public parks, horse riding in Richmond and Bushy parks and golf on the many public and private courses. There is also a polo club in nearby Ham. Sports clubs are plentiful and include Cedars on Richmond Hill, a David Lloyd club in Hampton, a Virgin Active Classic Health Club within Twickenham Stadium and also the Lensbury Club.
Schools
There are several highly regarded state schools within the area, to include the Ofsted Outstanding Orleans Primary, St Stephens Church of England Primary School, St Marys and Orleans Park Secondary School.
Transport
Connections are superb, as being adjacent to the A316, easy access is provided to Central London as well as the M3, M4 and M25 with further connections to Heathrow Airport (8 miles), Gatwick and the West Country. There is a mainline station providing a railway service, via Richmond, to London Waterloo in approximately 30 minutes.
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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