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£2,750,000
Bedrooms
Bathrooms
Located in arguably one of the most desired PRIVATE ROADS in Radlett and approached via a gravel CARRIAGE DRIVEWAY is this well presented & CHARACTERFUL DETACHED FIVE BEDROOM, THREE BATHROOM ( two ensuite) FAMILY HOUSE of approx ( 3469 sq ft/ 323 sq m).
Set over two floors and benefiting from THREE RECEPTION ROOMS INCLUDING A LIBRARY, STUDY, KITCHEN/ BREAKFAST ROOM with a separate pantry, two guest cloakrooms together with a fully fitted and functional SECOND KITCHEN/ UTILITY ROOM, whilst above on the first floor are the FIVE bedrooms and bathrooms.
To the rear is a magnificent and well manicured garden, with a large and expansive terrace directly off the entire ground floor level which overlooks the lawned garden, and summerhouse with mature high hedges surrounding all sides , affording total privacy. To the front is off street parking for numerous cars with the double garage completing the accommodation. There is also, should it be required a further second entrance with direct entry into the ground floor study allowing for that convenient live / work set up.
Transport links include Radletts Mainline Station offering direct access into London ( under 26 minutes) via West Hampstead or onto St.Pancras in under 30 minutes.
Radletts high street has numerous places of worship, restaurants, coffee shops, and a library within the Radlett centre which hosts numerous shows, and concerts throughout the year. Schools include several state & private, from reception through to secondary. Manor Lodge, Edge Grove, Newberries, St.Johns, Radlett Prep, Haberdashers and Aldenham, all being close by.
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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