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£2,000,000
Bedrooms
Bathrooms
This superb, architect-designed, Victorian family home (c.1877) with outstanding contemporary basement and extensions to both kitchen and loft, now offers in excess of 2500 square feet (230 SQ.M.) of stylish accommodation. It is enviably positioned on this prime street running between Wandsworth Common and fashionable Northcote Road, in the usual catchment for Belleville School and about half a mile from Clapham Junction station.
This Victorian house has been stylishly and substantially extended to create an outstanding family home. The recent basement extension is exceptional both in fit-out and layout and features high ceilings throughout. It comprises a large front cinema/family room with bay window and Crittall-style glass double doors opening into a fantastic open-plan study with bespoke joinery which includes a large built-in desk, storage cupboards and display shelves. The back half of the basement provides a generous utility room and a superb, guest, double bedroom with en-suite shower room and folding glass doors to a small lightwell.
The large kitchen/family room has been extended into the side return and has a very light and spacious feel. It is extremely well-equipped and boasts a generous island unit and ample space to accommodate a large dining table. Bi-fold doors open onto a sunny garden that features a practical astroturf surface and stylish built-in seating. The open-plan, double reception room has high ceilings, attractive wooden flooring and two marble Victorian fireplace surrounds (one of which has been fitted with a gas-fired wood-burner-style stove.
In addition to the guest suite already mentioned, there are four further bedrooms upstairs, including a large, full-width front room, a generous, double room converted from the main loft and a further room which has French windows to a balcony. These are served by a very large modern family bathroom with free-standing bath and large walk-in shower. There is also a second shower room on the first floor. There is built-in storage in all bedrooms, with the top bedroom also having access to substantial eaves storage.
The property is in very good condition throughout with the elegant facade of the house having been extensively restored and period-style double-glazing installed throughout.
The house is superbly located between Northcote Roads excellent selection of shops, bars and restaurants and the beautiful green spaces and recreational facilities of Wandsworth Common. Clapham Junction station is approximately half a mile away serving The City/West End. The house is close to many good schools including the highly popular Belleville and Honeywell primary schools, and Bolingbroke Academy (secondary).
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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