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45 Quicks Road, Wimbledon, London SW19 1EY
£580,000
Bedrooms
Bathrooms
Reception
Set across the ground and lower ground floors of an attractive period building, this distinctive two-bedroom flat offers a rare blend of character, space, and convenience. Boasting a bright and airy interior, the property benefits from an excellent layout, ideal for modern living. The accommodation comprises two generously sized double bedrooms, providing comfortable and versatile sleeping arrangements. The flat also includes a stylish and expansive reception room, perfect for both relaxing and entertaining. A modern, fully fitted kitchen flows seamlessly into a dedicated dining room, creating a sociable and functional space. There are two well-appointed bathroomsoffering convenience and comfort for residents and guests alike. This wonderful home is offered to the market with no onward chain, making it an excellent opportunity for both first-time buyers and investors seeking a smooth and speedy transaction. Ferndale Road is ideally situated between Clapham and Brixton, placing you within easy walking distance of both Clapham North Underground Station (Northern Line) and Brixton Underground Station (Victoria Line), offering superb connectivity to Central London and beyond. The area is also served by an array of bus routes and nearby Clapham High Street Overground Station. Residents will enjoy the proximity to the eclectic mix of shops, bars, cafs, and restaurants that line Clapham High Street and Brixton Road. From the buzzing Brixton Market to the green open spaces of Clapham Common, theres no shortage of lifestyle options on your doorstep. With its unique layout, spacious rooms, and unbeatable location, this property presents a fantastic opportunity to secure a stylish home in a thriving area 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.
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