2 bedroom flat for sale

£395,000 OIRO

2

Bedrooms

Floorplan

Sharpes Estates is delighted to present this stunning two double bedroom flat, occupying the top floor of an exquisite Victorian conversion. Nestled within a highly sought-after location, this property offers the perfect blend of charm and convenience. Situated just a stones throw away from South Wimbledon underground station, and a leisurely 10-minute walk from Wimbledon Town Centre, its prime position grants easy access to an array of local amenities.

Step inside and prepare to be mesmerized by the generous proportions throughout. The spacious lounge/dining room is a welcoming space bathed in natural light, providing ample room to relax and entertain. Nearby, the separate modern fully fitted kitchen boasts a sleek design with contemporary finishes, offering everything a budding chef could desire. You and your guests will appreciate the thoughtful layout, creating an atmosphere of effortless flow.

Retreat to the master bedroom, complete with an en-suite shower room for utmost privacy and convenience. A second ample-sized bedroom ensures flexibility for guests or a home office, while a modern tiled bathroom with a shower caters to all your needs. The propertys high ceilings add a touch of grandeur, enhancing the overall sense of expansive living. Furthermore, the ample design potential ensures that this fabulous residence can be tailored to your personal taste.

It is worth noting that this is a leasehold property, providing peace of mind for the discerning buyer. Rest easy knowing that there is no onward chain, streamlining the process and allowing you to enjoy your new home sooner. Although parking is available, please note that it is not allocated. Additionally, loft storage is an invaluable asset, offering convenient solutions for all your storage requirements.

Embracing its vitality-rich setting, this prestigious property benefits from an impressive EPC Rating - D, ensuring year-round energy efficiency. Whats more, its Wimbledon location famously holds a vibrant pulse within the heart of London. Enjoy leisurely strolls through picturesque green spaces, such as Wimbledon Common, or partake in the excitement of world-renowned tennis tournaments at the All England Lawn Tennis and Croquet Club, just moments away. With an array of local shops, award-winning restaurants, and charming cafs right on your doorstep, youll never be far from everything this thriving neighborhood has to offer.

Dont miss the opportunity to make this outstanding flat your own. Book your viewing and prepare to be captivated by the perfect marriage of style, location, and effortless living. Call Sharpes Estates now to arrange a visit.

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 328575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 9875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 32325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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