3 bedroom apartment for sale

£1,000,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

One of the nicest properties on the prestigious Barnes Waterside Estate, The Riverside Berkeley Homes Development.

Set on the first floor at the end of the building it is very quiet and peaceful. It is one of the only properties with a dual aspect which allows wonderful light and views from the large living room. The views over the award winning gardens and River Thames are second to none.

The property benefits from a large entertaining area, fully fitted kitchen, three double bedrooms, two bathrooms (one en-suite) and two balconies. The is a large amount of storage throughout the property.

The stunning communal gardens can be accessed from the communal areas on the ground floor.

A huge benefit to this property is the two allocated bays in the secure underground parking. These come with the property at no additional cost. There is also a secure bicycle storage in the Underground carpark area

The block has a long standing caretaker on site, Monday-Friday.

The Thames path runs next to the property and the Estate has a gate that leads to it. Its great for walks/runs/cycles along the river to Hammersmith, Chiswick, Barnes, Putney and beyond.

The setting is amazing, it feels like being in the countryside even though you are in Zone 2 of London transport with easy access to Hammersmith tube & bus station.

Location:

  • Short walk to local amenities on Castlenau: 24h Tesco Express inc. fuel/petrol, Italian and French delis/cafes and various restaurants and shops.
  • 15 mins walk from Hammersmith tube & bus station: District/Piccadilly/Circle/Hammersmith and City tube and buses covering most of London.
  • The property is close by car to the A4/M4 for easy access to central London and Heathrow airport.
  • Close to Barnes Wetland centre, Barnes Village, Barnes Common. The lovely Barnes Village famous for its pond and its array of restaurants such as Rick Steins riverside, its riverfront pubs, the Olympic Cinema and independent shops.
  • Over the other side of the bridge a short walk away, Hammersmith Riverfront with historic & waterside pubs such as the Dove, Old Ship and the most recent Blue Boat, famous venues such as the Riverside Studios and the upscale restaurants: Brasserie Blanc by celebrity chef Raymond Blanc and Michelin listed Sams Brasserie and River Caf.
  • Schools: There are fantastic schools within a short walk including St Pauls & Colet, the Swedish School, the Harrodian, Lowther Primary, Barnes Primary, St Pauls Girls School, the West London Free School and the Godolphin & Latymer school. Including nurseries such as Bright Horizons and Montessori.
Very Good Energy Efficiency Rating.

Tenure: Long Leasehold 900 + years and Share of Freehold.

Block Charges
Service Charges: 2624 per half year approx
General Reserve / Savings Fund: 1237 per half year approx

The block is managed by Willmotts on behalf of Holst Mansions Mansions Management Company Limited, the shareholders are the owners of the flats.

Please contact us today on to arrange a viewing.



Important Notice

1. No description or information given about the property or its value, whether written or verbal or whether or not in these particulars (Information) may be relied upon as a statement of representation or fact. Neither Willmotts nor its Joint Agents have any authority to make any representation and accordingly any Information given is entirely without responsibility on the part of Willmotts or the seller/lessor.
2 Any photographs (and artists impressions) show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only.
3 Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer/lessee.
4. Any buyer/lessee must satisfy himself by inspection or otherwise as to the correctness of any Information given.
5. We have not carried out a survey nor tested services, appliances or specific fittings. For fixtures and fittings please refer to vendors fixtures and fittings forms

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

£ 818950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 25000
  • 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

£ 68950
  • 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

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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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