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£1,250,000
Bedrooms
Bathrooms
A charming linked semi-detached house situated in this highly sought after no-through road in the heart of St Margarets village - opposite the entrance to Orleans Primary School and moments away from local shops, restaurants and the station.
For almost three decades, this wonderful home has been owned by the same family, during which time their care and attention has kept the property maintained to a good standard throughout. The wealth of period features is superb, from the impressive entrance hall with Victorian style wallpaper and stained glass door, to the wooden sash windows, decorative plaster ceilings and ornate cast iron fireplace.
To the ground floor is an entrance hall with storage. There are two reception rooms, both with fireplaces. These rooms are open to one another and provide lovely through light and great entertaining space. The kitchen has space for a dining table and has a good selection of solid wood wall and base units. The large double aspect windows add light and views of the garden beyond. The first floor provides a glorious full width principal bedroom, with a full wall of bespoke fitted cupboards and a French window to a small balcony with wooden balustrade. There is then a second double bedroom, further single bedroom and the bathroom. To the landing is a loft hatch with access, via a pull down ladder, to the large fully boarded loft space - an ideal, dry space for storage. This may be possible to extend, subject to the usual planning requirements.
There is a front garden with low brick retaining wall and wrought iron railings and, to the rear, a larger walled garden which is well stocked with a selection of mature shrubs and trees. This is paved, has a raised wooden deck, brick built barbeque and side return, ideal for bikes and storage.
The property has the advantage of no chain.
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 shopping parades located along Crown Road and St. Margarets Road, where an extensive selection of cafs, boutiques, restaurants and pubs can be found. Hartington Road is situated right in the heart of the village.
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.
Schools:
There are several highly regarded state schools within the area, to include the Ofsted Outstanding Orleans Primary (at the end of the road), 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.
AGENTS NOTE There is no onward chain with 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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