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£2,775,000 Guide Price
Bedrooms
Bathrooms
A newly built , detached family house spanning over three levels. Air conditioning, underfloor heating, bi folding doors and sumptuous fittings throughout complete this tremendous property, ready for occupation, end of 2025
Externally the property will benefit from off street parking on a block paved driveway for approx 5 cars whilst the rear expansive lawned garden faces predominantly West. Set off a large patio accessed from the open plan kitchen family room which leads seemlessly into the first of the three reception rooms. Two of which are split level and open to each other with the third, seperate reception/ bedroom six if required. Serviced by a ground floor shower room, ideal should disbled access be required. A further utility room and study complete this floor.
Above on the first floor are four double bedrooms ( two en suite) with ample fitted hand built storage wardrobes, and a family bathroom with a jacuzzi. Above on the top floor is a larger master suite again with ample built in wardrobes and addtional storage, with air conditioning and its en suite bathroom.
Perfectly positioned centrally in Radlett for all transport links, which include Radletts Mainline Station offering direct access into London ( under 26 minutes) via West Hampstead or into 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.
Map location is not available for this property.
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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