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71 – 75 Shelton Street, Covent Garden, London
£1,100,000
Bedrooms
Bathrooms
A beautifully presented and lovingly maintained family home set in an exclusive, gated development on the edge of Coxs Meadow. This elegant red-brick property boasts high-ceilings throughout and strikes the perfect balance of light and spacious living space and timeless style, featuring a grand reception hall, triple aspect sitting room, formal dining room and a bright kitchen breakfast room with separate utility. A study/music room provides flexibility for work or hobbies.
Upstairs, a gallery landing leads to five double bedrooms each with built-in wardrobes or bespoke cabinetry. The principal suite is particularly impressive, complete with a dressing area and en suite, while the family bathroom is finished in a contemporary style.
Outside, the south-facing walled garden creates a private retreat, securely enclosed with gated side access it offers the perfect space in which to simply relax or entertain family and friends, while the integral double garage and block-paved driveway ensure ample parking. Within the catchment for the Ofsted Outstanding rated Balcarras School, and just moments from village amenities, Regency Cheltenham town centre and excellent transport links, this is a rare opportunity to secure a delightful, executive detached family home in one of Charlton Kings most desirable settings.
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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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