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45 Quicks Road, Wimbledon, London SW19 1EY
£1,200,000 OIRO
Bedrooms
Bathrooms
Reception
Situated between the ever popular neighbourhoods of Clapham and Brixton, this versatile property presents a rare opportunity for both investors and homebuyers. Currently configured as two self contained flats, it offers immediate potential for rental income or the chance to reimagine the space as a spacious family home, subject to the necessary permissions. Each flat has its own entrance, providing privacy and convenience for tenants or extended family living. For investors, the existing layout makes this a turnkey opportunity with strong rental appeal in a high demand area. For owner occupiers, the property holds exciting scope to be transformed into a stylish and substantial single dwelling in one of South London's most vibrant and well connected locations. Ideally positioned within walking distance of Clapham North and Brixton stations, as well as numerous bus routes, the property is perfectly placed for commuting and enjoying the local lifestyle. Residents have easy access to the green open spaces of Clapham Common, the eclectic energy of Brixton, and a wide array of cafs, restaurants, and amenities that make this area so sought after. Whether you're looking to invest or create a family home, this property delivers on location, flexibility, and future potential, a rare find in such a dynamic part of London.
New Home: Non New Home
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.
45 Quicks Road, Wimbledon, London SW19 1EY
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