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£2,500,000 Offers in excess of
Bedrooms
Bathrooms
We are delighted to offer for sale this FOUR LARGE DOUBLE BEDROOM, TWO BATHROOM (one en-suite) detached family residence, with direct SOUTH EAST FACING VIEWS OVER THE FIELDS BEHIND.
Pleasantly set back from the PRIVATE ROAD, it benefits from a large frontage with a DOUBLE GARAGE, GARDEN & DRIVEWAY.
Internally this well presented property of 3,876 sq ft/ 360 sq m is presented in superb decorative order throughout having been built and well maintained by its current owners. Ground floor accommodation benefits from a large kitchen/diner a separate and formal dining room alongside the large reception room OVERLOOKING THE GARDEN to the rear as well as a TV room to the front. A large utility room and guest cloakroom complete this floor.
Above on the first floor the bedrooms are located around a pleasant and bright landing, whilst a current planning application is in place for extending the accommodation over the garage to create a fifth bedroom suite. In addition, if required subject to planning, there are plenty of opportunities for remodelling and extending this wonderful property, to create that elusive forever home.
Hertsmere Tax Band G/ EPC C / Mains drainage/ Gas central Heating / CHAIN FREE
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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