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£3,250,000
Bedrooms
Bathrooms
Heath House is a characterful family house offering luxurious living in a secure and private plot. It is situated behind security gates and boasts a leisure complex with indoor pool, gym, sauna, steam room and gaming room that together overlook and open up onto the fabulous and beautifully maintained 200ft mature wrap around garden.
With in excess of 6000 sq ft living space, accommodation comprises six bedrooms, six bathrooms, a reception entrance hall with sweeping staircase, four - five reception areas, a 26 ft x 199 ft kitchen with double height vaulted ceiling and separate utility room with tradesmans entrance. The property benefits from a multitude of period features including feature fireplaces and beamed ceilings. There is an impressive master suite with feature fireplace, dressing room & luxury en-suite bathroom.
Heath House is located opposite the village pond in the picturesque village of Letchmore Heath, just minutes from Radlett where there are an abundance of coffee shops, restaurants & boutiques as well as schools from reception through to secondary level, both private and state including Aldenham, Manor Lodge, Haberdashers Askes, Edge Grove and Radlett Prep.
Heath House is also easily accessible to several local media sites including Warner Brothers, Leavesden, Elstree Studios & the new Sky studios in Borehamwood as well as being close to the training grounds of Arsenal, Tottenham and Watford football clubs.
Located within commuting distance to central London via the M1, A41 or the mainline Thameslink station in Radlett connecting to Kings Cross St Pancras in less than 30 minutes with its international rail links whilst local and close airports include Luton, Heathrow and Elstree Aerodrome. Council tax band H/ Mains drainage/ EPC D
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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