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£550,000
Bedrooms
Bathrooms
SellMyHome are proud to present to market this charming one-bedroom ground-floor flat located on Perham Road, in the highly sought-after area of West Kensington, London, W14.
This beautifully maintained period conversion offers a perfect blend of character and modern living, ideal for first-time buyers, investors, or those looking for a pied--terre in a prime London location.
The accommodation comprises a spacious reception room with high ceilings and original features, a well-proportioned double bedroom, a modern bathroom, and a separate fitted kitchen.
Further benefits include a share of freehold, enhancing the appeal of this already desirable home.
Perham Road enjoys a prime position in the highly sought-after West Kensington/Barons Court Grid, perfectly placed for both convenience and lifestyle. West Kensington Underground Station is just moments away, while the vibrant array of shops, cafs, and amenities along North End Road are right on the doorstep. The prestigious Queens Club, with its world-class tennis facilities, is only a short stroll away, complemented by a selection of charming local pubs. For excellent connectivity, Barons Court Station provides Piccadilly Line services offering swift access to Central London and Heathrow Airport.
An early viewing is strongly recommended to fully appreciate what this fantastic property has to offer.
Tenure: Share of Freehold
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.
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