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£1,450,000 Guide Price
Bedrooms
Bathrooms
An exceptional, bespoke re-developed and refurbished five-bedroom, three-bathroom semi-detached home with extensive accommodation on three floors. Located on one of Surbitons highly regarded river roads, within walking distance of the mainline station and high street with the Thames at the end of the road. The many benefits include a fabulous contemporary open-plan kitchen-living-dining-family room with right-angled sliding doors opening on the garden. The contemporary shaker-style kitchen includes integral appliances, a sociable island and stone surfaces. Also enjoying ample lounge, dining and family space. Plus a utility/boot room. At the front is a spacious formal sitting room. There is a welcoming entrance hall and a ground floor cloakroom. On the first floor is a guest bedroom with a white and stone en-suite shower room. There are two further double bedrooms and a sumptuous bathroom with a stand-alone bath and a wet-room shower. On the second floor is a master suite with fitted wardrobes and another stylish en-suite shower room. Plus a single fifth bedroom. The south-west facing garden enjoys a large stone patio and lawn. To the front is a useful bike storage and driveway parking. Council tax band E. A wonderful home in the heart of Surbiton.
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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