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£1,385,000
Bedrooms
Bathrooms
A rare opportunity to acquire this charming and characterful three-bedroom detached home (190.7 sq m/2053 sq ft), ideally located within the sought-after residential enclave of The Close in Radlett.
Enjoying a generous corner plot, with a LARGE REAR GARDEN WITH DIRECT AND UNOBSTRUCTED VIEWS OF THE FIELDS BEYOND, this light and bright property is set behind gates and offers off-street parking for four to five vehicles along with a detached garage.
The property boasts picturesque views over open fields, creating a semi-rural feel remaining just three-quarters of a mile from the village centre.
Internally, the home offers accommodation with a warm, inviting atmosphere. The ground floor comprises an entrance hall with guest cloakroom, spacious kitchen/dining room, library/study, living room with vaulted ceiling, separate second sitting room and conservatory. Above on the first floor are three good-sized bedrooms, complemented by two bath/shower rooms.
There is considerable scope to extend or modernise (subject to planning) if desired.
Radlett mainline station is conveniently close by, offering Thameslink services to Central London in under 26 minutes, making this an ideal location for commuters also seeking a quiet home with a rural outlook. The property also benefits from excellent road connections, with the M25 and A1(M) easily accessible.
Families are well-catered for, with a selection of outstanding schools nearby. These include Newberries and St Johns primary schools, as well as a number of highly regarded independent options such as Radlett Prep, Edge Grove, Haberdashers and Aldenham School.
This unique home combines the charm of a countryside setting with the convenience of village living, making it a superb choice for families or downsizers alike. Early viewing is highly recommended.
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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