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£1,750,000
Bedrooms
Bathrooms
A beautifully presented 4 bedroom detached family home set in a private gated development, offering tremendous natural light and contemporary accommodation together with a large mature, landscaped predominantly west facing garden with a large terrace.
Internal accommodation comprises of a large entrance hall, which in turn flows through to a galleried landing area to the first floor. Internally this wonderful family home has been thoughtfully modernised on the ground floor creating tremendous amount of open plan living with the kitchen/ family room, reception room and dining together with a TV area. The entire family ground floor accommodation benefiting from THREE SETS OF BI FOLDING DOORS OPENING DIRECTLY ONTO THE TERRACE AND GARDEN BEYOND.
To the first floor is an over-sized master bedroom ( formally two bedrooms converted to create a large suite) with an en suite shower room. Three further double bedrooms, one with an en suite bathroom and a further family shower room. Externally is off street parking for two cars, together with a double garage and ample guest parking within the development.
The area is served by a number of outstanding schools including Haberdashers for boys and girls, Aldenham School, Yavneh College and Radlett Prep. The surrounding countryside provides numerous activities including golf, riding and walking, with the M1, A41 offering easy access into and out of London, whilst Elstree and Borehamwood with its wide variety of shops and its Thames Link station give direct access in to Kings Cross St. Pancras in under 30 minutes.
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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