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£2,650,000
Bedrooms
Bathrooms
A substantial detached family home with a pleasing symmetrical Neo-Georgian facade. Located on the highly regarded St Margarets Trust Grounds, with access to fourteen acres of beautiful parkland.
This deceptively large property has been sympathetically extended by the current owners and now provides 2,485 square foot of accommodation over three floors.
A new level has been added to provide two additional bedrooms and a further shower room. Of particular note however, is the extremely spacious ground floor. This is now over 50% larger and provides a formal reception room with feature fireplace, a separate reception / dining room which extends the full width of the property and has wonderful views over the rear garden, a study / 7th bedroom, cloakroom, kitchen and separate utility room.
To the front of the property is a 40 garden with well stocked herbaceous borders, a lawn and central stone pathway. There are secure entrance gates and access to an area of hardstanding, providing off-street parking for one or two cars.
To the rear of the house is a walled garden, which has been professionally landscaped and provides a patio area, further lawned area with sunken pond, numerous shrubs and a wooden pergola with trailing plants. A rear gate provides direct access to The Avenue Grounds.
The St Margarets Trusts Grounds provide a unique oasis to the West of Richmond, in the village of St Margarets. The area was created in the late 19th Century as one of the first garden suburbs in the greater london area, with exclusive use of 14 acres of landscaped parkland, known collectively as the Pleasure Gardens.
These are divided into three areas; The Lake Grounds, The Avenue Grounds and The River Grounds, but each resident is provided with a key, enabling access to all. The Lake Grounds is the largest at 7 acres and, as the name suggests, has a wonderful lake crossed by two bridges. Each of the gardens feature a grass tennis court and the social activities that take place each year are numerous. A childrens sports day, a bonfire night and barn dance, to name a few
St Margarets village, with its wonderful selection of shops, restaurants and pubs, is located within a quarter of a mile, with a mainline station providing a short 30 minute commute to London Waterloo. You are also within close proximity to the River Thames at Richmond Lock, The Old Deer Park and The Royal Mid-Surrey Golf Course.
Historic Richmond town centre, with its two theatres, cinemas, charming shops and excellent restaurants, is within approximately one mile, with Richmond Station providing both overground and underground services.
There are many outstanding private and state schools to be found within the Richmond borough.
For the motorist, road links are excellent, with access to both the M3 & M4 motorways and Heathrow Airport via the nearby A316.
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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