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48 Curzon Street, Mayfair, London
£3,750,000
Bedrooms
Bathrooms
Set on the quiet residential street Balcombe Street, this is a handsome Grade II Listed Georgian town house circa 1815 -1820, presenting mellow stock brick elevations with cast iron balcony set beneath a concealed slate roof with garden and first floor terrace. Boasting an abundance of natural light and original period features throughout, the house is five storeys providing a spacious self-contained flat on the lower ground floor. Four further floors run from the raised ground floor with its elegant entrance hall, comprehensively fitted kitchen and classic dining room up to a magnificent first floor Drawing Room, incredibly bright with ceiling heights over 3 meters. A Principal bedroom suite with excellent wardrobe space occupies the whole second floor, whilst the top floor provides two further bedrooms and family bathroom. The property would be ideal for those looking for a home and income or separate accommodation for a family member. The property further benefits from a courtyard garden and roof terrace at first floor level and its a truly desirable location!
Balcombe Street is a quiet residential road located to the west of Regents Park and just north of Dorset Square. The house is approximately 0.1 miles from Marylebone Station (National Rail & Tube Stations) and approximately 0.3 miles from Baker Street Station (Hammersmith & City line, Circle line, Jubilee line, Metropolitan line, and Bakerloo line). Paddington station, for connections to the Elizabeth line (Crossrail) and Heathrow. Both Kings Cross St Pancras and Euston Stations are also nearby, as is the A40 via the Westway. The cafes, shops, restaurants, and stylish amenities of Baker Street & Marylebone High Street are just approximately 0.3 and 0.6 miles away respectively and the open green spaces of Regents Park, one of Londons eight Royal Parks approximately 0.4 miles away. The park features 395 acres of open parkland, a boating lake, famed rose gardens, tennis courts, playing fields, an open-air theatre, and a large wetland area.
Map location is not available for this property.
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.
48 Curzon Street, Mayfair, London
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