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£750,000
Bedrooms
Bathrooms
This distinctive detached Coach House, built in the late 1800s, exudes character and charm. Nestled on the fringe of the Presburg Road Conservation Area, it offers a unique living experience within a stone`s throw of the Fountain roundabout and New Malden High Street. Situated on one of New Malden`s most sought-after roads, the property is conveniently located just 0.6 miles from the mainline railway station, providing easy access to central London.
The property features two generous reception rooms with exposed beams, creating a warm and inviting atmosphere. The lounge, extending to over 24 feet, can also be used as a dining area. It features sliding patio doors opening onto the utility area and backyard. The reception room benefits from abundant natural light from the southeast windows. The fitted kitchen offers a range of wall and base units, roll-top work surfaces, a sink with a mixer tap, a built-in oven, hob, extractor fan, and space for a fridge-freezer. There is also plumbing for a washing machine and dishwasher, making it highly functional.
The first floor houses two double bedrooms. Both bedrooms offer fitted wardrobes and front-facing windows. The family bathroom includes a bath, a vanity wash hand basin, and a double-glazed Velux window. Additionally, there is a ground-floor shower room for added convenience.
Outside, the property boasts a delightful gated front garden/driveway and a charming backyard. The separate sunr oom with double glazing in the backyard is an added bonus. Off-street parking is available for several vehicles.
The property is offered with no onward chain, making it an ideal option for a swift and hassle-free purchase. Situated just 0.6 miles from New Malden and Berrylands national rail stations, this home offers direct connections to London Waterloo in under 30 minutes. The proximity to excellent local schools such as Westbury House School and The Study School adds to its appeal.
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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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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