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£3,400,000 Guide Price
Bedrooms
Bathrooms
An immaculately presented four-bedroom family house (2648 sq ft/246.2 sq m including the undeveloped loft space) positioned within this highly sought after and secure development located on the favoured East side of St Johns Wood. The property is in excellent decorative condition throughout and benefits from a delightful and unusually large (for the development) rear garden, single garage and private residents permit parking. The house benefits from a large loft space that can (with the relevant permissions) be converted into a bedroom and bathroom.The Queensmead development is located within half a mile of the transport and shopping facilities of St Johns Wood High Street and underground station (Jubilee Line). The American School London is within half a mile of the property and Regents Park/Primrose Hill are also close at hand.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £14,703.87
Total Interest: £1,893,394.43
Overall Total: £5,293,394.43
Amortization For Monthly Payment: £14,703.87 over 30 years ( Based on 3.20% Interest )
Year | Interest | Principal | Balance |
---|---|---|---|
2025 | £107,798.98 | £68,647.50 | £3,331,352.50 |
2026 | £105,569.75 | £70,876.73 | £3,260,475.77 |
2027 | £103,268.14 | £73,178.35 | £3,187,297.42 |
2028 | £100,891.78 | £75,554.71 | £3,111,742.72 |
2029 | £98,438.25 | £78,008.23 | £3,033,734.49 |
2030 | £95,905.05 | £80,541.44 | £2,953,193.05 |
2031 | £93,289.58 | £83,156.90 | £2,870,036.15 |
2032 | £90,589.18 | £85,857.30 | £2,784,178.85 |
2033 | £87,801.09 | £88,645.39 | £2,695,533.46 |
2034 | £84,922.46 | £91,524.02 | £2,604,009.44 |
2035 | £81,950.36 | £94,496.13 | £2,509,513.32 |
2036 | £78,881.73 | £97,564.75 | £2,411,948.57 |
2037 | £75,713.46 | £100,733.02 | £2,311,215.55 |
2038 | £72,442.30 | £104,004.18 | £2,207,211.38 |
2039 | £69,064.92 | £107,381.56 | £2,099,829.82 |
2040 | £65,577.86 | £110,868.62 | £1,988,961.20 |
2041 | £61,977.57 | £114,468.91 | £1,874,492.29 |
2042 | £58,260.36 | £118,186.12 | £1,756,306.16 |
2043 | £54,422.44 | £122,024.04 | £1,634,282.12 |
2044 | £50,459.89 | £125,986.59 | £1,508,295.53 |
2045 | £46,368.66 | £130,077.82 | £1,378,217.70 |
2046 | £42,144.57 | £134,301.91 | £1,243,915.79 |
2047 | £37,783.31 | £138,663.17 | £1,105,252.62 |
2048 | £33,280.43 | £143,166.05 | £962,086.57 |
2049 | £28,631.32 | £147,815.16 | £814,271.42 |
2050 | £23,831.24 | £152,615.24 | £661,656.18 |
2051 | £18,875.29 | £157,571.19 | £504,084.99 |
2052 | £13,758.40 | £162,688.09 | £341,396.90 |
2053 | £8,475.34 | £167,971.14 | £173,425.76 |
2054 | £3,020.72 | £173,425.76 | £0.00 |
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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Mon May 05 2025
All confirmed! We look forward to speaking with you.
Mon May 05 2025
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