8 bedroom detached for sale

£10,500,000

8

Bedrooms

8

Bathrooms

Floorplan

Situated on one of Londons most prestigious roads, this extraordinary double-fronted detached home spans over 10,000 sq. ft. of luxurious living space across four floors. Boasting 8 bedrooms, 8 bathrooms, and 4 reception rooms, this property offers unparalleled comfort and sophistication.

Upon entering, you are welcomed by a stunning prominent staircase that leads to a series of exquisitely designed reception rooms and an internal lift. These include a formal dining room connected to a fully equipped kitchen with integrated appliances, a separate staff suite with its own kitchen, a cozy family room, and a versatile pool reception room featuring a bar and adjoining shower facilities. Of the 8 bedrooms, 7 are accompanied by dressing rooms and en-suite or shower rooms.

Additional amenities include a cinema room, gymnasium, salon, games room, wine storage, and an approx. 13ft terrace offering breathtaking views of the beautifully landscaped garden, pool, and decking area. The property contains state-of-the-art technology throughout, including a revolutionary indoor-outdoor pool with a movable floor that can convert into a shallow pool or an additional entertaining space. Other advanced notable features include a car lift. underfloor heating, programmable blinds, a Sanyo VRV air-conditioning system, and a Nuvo AV system with wireless touchscreens. Security is paramount, with automated gates, CCTV, and a video entry system.

Externally, the property benefits from a gated carriage driveway leading to a car-stacking garage, alongside a garden with an outdoor jacuzzi. The Bishops Avenue, famously known as Billionaires Row, is ideally situated near the vibrant areas of Highgate and Hampstead, which offer a range of exceptional restaurants and shops. East Finchley Underground is also conveniently close, providing easy access to the West End and London City in approximately 20 minutes.

Description - A gated, double fronted detached house located on this prestigious avenue in North West London. The house offers spectacular family accommodation with the additional benefit of a full leisure facilities. Extending to approx. 10,625 sq ft this impressive eight bedroom house has a prominent, inviting staircase. The property benefits from a fantastic indoor/outdoor pool, a lift which providing access to all floors, leisure facilities incorporating a gym, cinema room, treatment room/salon and a gated driveway providing ample off street parking and access to a car lift.

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 9311450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 262500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 1436450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

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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.

Total Profit

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  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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