5 bedroom terraced for sale

£1,925,000

5

Bedrooms

2

Bathrooms

Floorplan

What appear to be standard Victorian terraces often hide surprises. This stylishly-designed, chunky, square-bayed example conceals more square footage than many other similar-looking houses (currently at 2129 SQ.FT/197 SQ.M). Its excellent kitchen extension creates an outstanding family living space with a sleek finish and a wonderful sense of light and its sizeable loft has been converted into a large and bright 5th double bedroom. Its close to fashionable Northcote Road, both commons, excellent tube and train links to the City / West End and the highly-prized Honeywell School.

This wide and imposing five double bedroom, Victorian, terraced house has been tastefully modernised inside and out whilst retaining its beautiful Victorian features. The handsome double reception room boasts matching marble fireplaces and high ceilings, original sash windows in the wide square bay windows, and solid wood doors plus oak floors which run through into the hall.

A contemporary kitchen extension has transformed the large rear space on the ground floor into a fantastically light and open-plan kitchen/family/dining room opening out through fully-folding, glazed doors to the garden. It is fitted with an extensive range of modern storage units, stone worktops, high-quality built-in appliances and a large island unit still allowing ample dining space for a family. The garden is a very good size for the area (28) and is attractively landscaped with a patio for outside dining, plus a rear lawn finished by a raised flowerbed across the back. It faces east and is very open to the south receiving summer sun until around 4.30pm. It also has a good degree of privacy with high trellised borders and low houses directly behind. Additionally, there is a handy storage cellar/utility room running beneath the hall which has good head-height and has been dry lined and plumbed with utilities.

Over the upper floors the attractive blend of original features combined with a light neutrally decorated feel continues. There are five double bedrooms in total, including a lovely spacious main bedroom to the front with a wall of built-in wardrobes. These rooms are well served by a shower room on the first floor and a bathroom on the second floor.

Gayville Road is a quiet, highly sought-after, tree-lined road running between Thurleigh and Broomwood Roads in the hugely popular area known as Between The Commons. These commons, (Wandsworth and Clapham), provide huge green spaces, recreational activities and lots of sports clubs. There are excellent transport links from Clapham South tube station (900m away) which has regular services accessing both the City & West End. Mainline services are also available to Victoria and Waterloo from either nearby Wandsworth Common station (700m away) or Clapham Junction (1300m) and there are numerous local buses. The property is close to the two principal state primary schools, Honeywell and Belleville, and there is a good choice of private education and local nurseries in the area. The highly fashionable Northcote Road, with its wonderful selection of restaurants, specialist shops, wine bars and thriving street market is very close by.



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1636825

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 48125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 193075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

Total Profit

£
  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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