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£5,000,000
Bedrooms
Bathrooms
In arguably one of the most coveted addresses in South-West London, 3 Asquith Villas, Spencer Park, is a stunning family house offering c.4,600 sq ft of impeccably planned living space, a generous landscaped garden, and access through the rear garden gate to a magical c.4 acre communal garden which includes beautifully maintained parkland as well as tennis court and childrens playground.
This fabulous property is part of an award-winning development of four houses which were completed in 2014 and won the Evening Standards New Homes Award for Best Family Home in its category the following year. It has a classic and timeless faade combined with a stylish, recently refurbished interior which was featured in House & Garden for the beautiful curation.
The property is accessed via a secure pedestrian gate and electric drive-through gates. The parking area to the front of the property boasts three secure parking spaces and an EV charging point, as well as bin and bike storage. The house is semi-detached with a side passage for access to the garden.
The current owners recently completely refurbished the interior, using The London Furnishing Company, Robert Atherton and Howark for the kitchen and joinery. The house was subsequently featured in House & Garden for the beautiful curation.
Upon entry you are welcomed into an open hallway which leads to a ground floor study, cloakroom W/C and stairway. Crittal style doors lead though to the bespoke kitchen. This room has been carefully designed into three distinct zones, with the kitchen offering hand built English style units, with a combination of Miele and Gaggenau appliances. There is a dining area which can easily seat fourteen and boasts a built-in banquette. A glazed panel separates the dining space from a comfortable and relaxed family sitting area.
To the rear of the room huge sliding glazed panels open to an impressive, landscaped garden that measures in excess of 60 ft in length. Surely one of the biggest draws to this incredible house will be the gate situated to the rear of the garden which opens to Spencer Park. Through the gate, you will find approximately 4 acres of wonderfully maintained parkland, a tennis court, private playground and rose garden. This magical oasis can only be accessed via the 32 houses that surround the park.
Back inside, the lower ground floor boasts a huge games room measuring in excess of 40 ft in length, there is also a spacious double bedroom with a dressing room and en-suite shower room. In addition, on the same level, there is a utility room, plant room, storage and a separate W/C.
Another impressive feature is the stunning first floor drawing room which opens onto a terrace that offers fantastic views of the garden, park and beyond.
A great deal of attention has gone into the joinery throughout the property, the quality is exceptional. This is particularly evident in the master suite as you walk through the beautiful dressing room and luxurious en-suite bathroom.
In total there are six bedrooms on the upper levels with a further bedroom (as previously mentioned on the lower ground floor). There is a shower room on the first floor and a family bathroom on the third floor as well as a further shower room that can also be found on the same level.
Spencer Park is situated within easy walking distance to Clapham Junction Station, as well as the local amenities of Northcote Road and Bellevue Road. The open spaces of Wandsworth Common are quite literally at the end of the street.
Council Tax: H | EPC: B | Tenure: Freehold
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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