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45 Quicks Road, Wimbledon, London SW19 1EY
£625,000
Bedrooms
Bathrooms
Reception
A rare opportunity awaits on the highly sought after Queen Mary Avenue. A charming three bedroom house offering 998 sq ft of living space, with excellent renovation potential and scope to extend (STPP). This is the blank canvas that many buyers have been searching for. While the property is in need of modernisation throughout, its solid structure and generous proportions provide the perfect foundation for creating a bespoke family home, with the flexibility to update and adapt the space to suit individual needs. Outside, the property benefits from a substantial private garden extending over 80 feet, ideal for relaxing, entertaining or for those with a keen interest in gardening. The surrounding area is quiet and well-established, with green spaces such as Joseph Hood Recreation Ground nearby. There are a number of well regarded schools within easy reach, including Hillcross Primary and Raynes Park High School, along with a range of local shops and everyday amenities. For commuters, both Motspur Park and Raynes Park stations provide convenient links into Central London, with additional bus routes available along West Barnes Lane.
New Home: Non New Home
Map location is not available for this property.
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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