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3 Claridge Court, Lower Kings Road, Berkhamsted, Hertfordshire, HP4 2AF
£625,000 Offers in excess of
Bedrooms
Bathrooms
Reception
Found in the heart of Berkhamsted High Street, nestled amongst its rich history, lies a charming three bedroom terrace home full of potential. Built in the early 1900s, this characterful property offers the unique opportunity to own a piece of Berkhamsted's heritage while injecting your own personal vision.
Step through the welcoming porch and directly into a light-filled reception room. The heart of the home unfolds as you enter the spacious kitchen/breakfast area, then you will find a utility room and convenient w.c. while a second reception room at the rear provides a flexible accommodation.
Rising the stairs to a generous landing, there are to two well proportioned double bedrooms and a family bathroom. A further set of stairs leads to the third double bedroom.
Externally, the property enjoys the benefit of a secluded rear garden, complemented by the significant advantage of off street parking for two vehicles at the rear.
Step outside your door and immerse yourself in the heart of Berkhamsted. Within a short stroll, you'll find the mainline station, bustling shops, restaurants and friendly pubs everything you need for a convenient lifestyle. Forget lengthy commutes - this charming property in Berkhamsted puts you just a 30 minute train ride from London Euston.
**Important Notice**
1. General: While we strive to provide sales particulars that are fair, accurate, and reliable, please be aware that they serve as a general guide to the property. Therefore, if there is any aspect of particular importance to you, we kindly request that you contact our office. We will be delighted to verify the details, especially if you plan to travel a significant distance to view the property.
2. Measurements: The measurements provided are intended for guidance purposes only and should not be regarded as precise.
3. Services: It is essential to note that we have not conducted tests on the services or any of the equipment or appliances within this property. Consequently, we strongly recommend that prospective buyers arrange for their independent survey or service reports before finalising their offer to purchase.
4. Disclaimer: These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. Any matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Akeman Residential Limited nor any of its employees or agents holds authority to make or provide any representation or warranty concerning 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.
3 Claridge Court, Lower Kings Road, Berkhamsted, Hertfordshire, HP4 2AF
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