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£1,250,000 Guide Price
Bedrooms
Bathrooms
A magnificent four bedroom south-west facing townhouse adjacent to the banks of the River Thames with lateral views of the river, providing almost 2,000 sq. ft. of living space and excellent value for money. Chiswick Staithe is an award-winning development of townhouses on the Thames. It has its own private river frontage and quay, with a winch for light boats. An unusual feature for a modern development is the substantial car-free green area and garden at its heart, which gives the atmosphere of a cathedral close. The development was designed in 1963 by a local architect, Edward Armitage, and contains a variety of house layouts and some interesting architectural features.
The property is located in a quiet cul-de-sac off Hartington Road with off-street parking. The ground floor consists of the fourth bedroom, downstairs toilet, utility room and gym. The first floor is made up in its entirety of a spacious modern kitchen/lounge/dining room leading out to the garden. The second floor comprises two bedrooms with ample storage and family shower room. Finally, the top floor houses the large and luxurious master suite with wall-to-wall built-in wardrobes and en suite bathroom. There is also a loft for additional storage. The residents association will allow the extension of the ground floor under the garden (STPP).
The Staithe lies just upstream of Chiswick Bridge. Good quality schools and other amenities are close by with excellent rail connections (25 minutes to Waterloo - every 15 minutes) from Chiswick Station in Grove Park, as well as frequent buses to the underground station at Turnham Green. Kew Gardens underground and Mortlake National Rail station are also within easy reach. Heathrow Airport and the M25 are 15 minutes away. The lively shops and restaurants of Chiswick High Road are less than 5 minutes away, and 20 minutes by car sees you at Hyde Park Corner.
Maintenance charge 1,113 per annum approx.
EPC rating D. Council Tax Band G.
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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