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£1,995,000
Bedrooms
Bathrooms
Set on a peaceful street at the edge of the Pimlico Grid, this attractive double-fronted, four-bedroom house has great kerb appeal and provides a versatile setting for both family functionality and entertaining.
The house is presented in immaculate condition with the benefit of air conditioning installed to serve the main living areas of the lower ground and second floors.
On entering the property, the ground floor comprises a modern kitchen and separate dining/drawing room. The lower ground floor has been thoughtfully reconfigured by the current owners into two office/bedroom spaces, utility room and guest bathroom with access to an enclosed patio space to the rear of the property. This floor offers the flexibility to be reconfigured to meet individual family needs.
The reception room occupies the first floor and spans the full depth of the house, providing ample entertainment space. The second floor hosts a spacious principal bedroom, with generous built-in wardrobe space as well as access up to a 194sqft mezzanine storage area, along with a good sized second double bedroom and modern family bathroom.
The house is situated on the highly desirable Westmoreland Triangle conservation area and benefits from being within close proximity to the local transport and shopping facilities of Pimlico, Victoria, Battersea Power Station and Sloane Square.
EPC Rating D
Council Tax Band G Westminster
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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