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£5,250,000 Guide Price
Bedrooms
Bathrooms
A bright and spacious four bedroom period family house providing 2346 sq. ft of living accommodation and set only over four floors. The fabulous home features a stunning lower ground floor open-plan kitchen/family room with utility room, excellent reception space on the raised ground floor (including a dining room area) high ceilings, large windows and other period features. The first floor offers a generous master bedroom suite with dressing room, high ceilings and a stunning bathroom. At the second floor there are a further three bedrooms and a smart modern shower room. This wonderful home also offers a split level west facing rear garden (with gym to the rear) and a superbly refurbished roof terrace with views across the local Kensington skyline.
Situation
Abingdon Road is charming residential street within walking distance of the amenities and tube station in Kensington High Street. Those seeking open green spaces are well catered for as the property is moments from the tree-lined walks of Holland Park, Kensington Gardens and Hyde Park. Neighbouring Kensington High Street has a fine selection of shops, boutiques, cafs and restaurants. For those requiring transport links then Kensington High Street Underground Station (District and Circle Lines) is located moments away, which links the property to the rest of the underground network, mainline rail stations with links to The City, airports and the main shopping, entertainment, and business districts of west and central London.
Tenure: Freehold
Council Tax band: H
Local Authority: Kensington And Chelsea
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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