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£2,500,000 Guide Price
'' PROBABLY THE BEST VIEW IN HERTFORDSHIRE ''
A Rare Opportunity to Build Two Contemporary Dream Homes on The Ridgeway, Cuffley.
Nestled within 2.0 acres of serene countryside, this exclusive opportunity offers unrivalled panoramic views of Northaw Valleys rolling green belt countryside, with views to the London skyline, including The Shard, Canary Wharf, and the City. Located on the prestigious Cuffley Ridgeway, this plot comes with full planning permission for two contemporary-style homes of 4,000 sq. ft. each, with optional 2,000 sq. ft. basements, catering to a purchasers personal vision.
Unmatched Location & Connectivity
Positioned in a tranquil yet highly accessible setting, the property is just 1 mile from Cuffley village, where there is a selection of shops, cafs, and restaurants. Cuffley train station is within walking distance and provides direct access to Moorgate in 35 minutes. For broader shopping and transport links, Potters Bar is 3 miles away, offering services to Kings Cross in just 18 minutes. The M25, A1, and A10 are easily accessible, ensuring seamless connectivity to Central London (20 miles away) and beyond.
A Prestigious Address with Lifestyle Benefits
The Ridgeway is regarded as one of Hertfordshires most sought-after locations, offering an idyllic rural setting with all the conveniences of modern living. The area is home to outstanding state and independent schools, including Queenswood, Stormont, Lochinver House, and Haileybury, making it ideal for families.
This exceptional plot presents a once-in-a-lifetime opportunity for developers and end users alike to create bespoke homes in a highly desirable and well-connected location.
Bullets:
Full planning permission for two contemporary 4,000 sq. ft. detached homes
Set within 2 acres of private land, accessed via a 100m driveway
Breathtaking London skyline and Northaw Valley views
Cuffley station (1 mile) with direct trains to Moorgate (35 mins)
Fantastic road links M25, A1 & A10 nearby
Close to a selection of top-rated schools
' Please note images are indicative CGIs '
LOCAL AUTHORITY: Welwyn Hatfield
COUNCIL TAX: TBC
FREEHOLD
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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