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£1,725,000
Bedrooms
Bathrooms
This spectacular four-bedroom terraced Victorian house is situated on one of the most sought-after residential roads between the commons. Arranged over three floors and offering approximately 1,701 sq ft of accommodation, the house is immaculately presented and boasts fantastic proportions in all the principal rooms with a fantastic sense of light and space throughout.
The ground floor seamlessly flows, beginning with a reception / dining room showcasing wooden flooring, high ceilings adorned with decorate cornices, a feature fireplace, bespoke cabinetry that flanks the chimney breast and a large bay window that floods the room with light.
Continuing through from the dining area, a well-appointed kitchen awaits which is fully equipped with wall and base units and fully integrated appliances. The kitchen extends to a generous reception room with bi-folding doors opening onto a well-maintained garden, ideal for alfresco dining and entertaining.
A separate W/C and useful storage space can also be found off the hallway and completes this level.
The first floor reveals two bedrooms, both of which benefit from contemporary ensuite bathroom with the principal bedroom also boasting a walk-in wardrobe.
The second floor offers a further two double bedrooms, one benefiting from storage within the eaves. A family bathroom and utility room completes the property.
The superb house is located on Muncaster Road between Wakehurst Road and the open space of Clapham Common. There are a number of good state and private schools nearby (subject to catchment each year) as well as the amenities of Northcote Road. Transport can be found at Clapham Junction and Clapham South tube station which are both within walking distance.
Council Tax Band: F | EPC: D | 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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