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£5,000,000
Bedrooms
Bathrooms
This beautifully crafted modern 7-bedroom detached family residence is situated within an exclusive gated community next to Wimbledon Common. Cedar Park Gardens holds a prime position within the development, featuring an integral garage, off-street parking, and a secluded 164ft south-facing rear garden that directly borders the golf course. Furthermore, there is considerable potential, subject to the necessary approvals, to extend the property into the basement, garage, and side area if desired.
Cedar Park Gardens is a highly sought-after location, conveniently positioned just a short walk, cycle, or drive along a leafy private lane and across the Common to Wimbledon Village. The village offers an excellent selection of boutique shops and restaurants.
The area is served by several top-tier schools, including Kings College School and other notable institutions such as The Study, The Rowans, Squirrels, and Wimbledon High School.
Residents can enjoy a variety of recreational activities, with two golf courses surrounding Cedar Park Gardens, a riding stable in the Village, and numerous tennis and fitness clubs.
Additionally, the nearby A3 provides excellent direct routes into central London and connections to the M25 network, making travel to both Heathrow and Gatwick airports convenient.
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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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