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£1,500,000
Bedrooms
Bathrooms
A fabulous opportunity to purchase a detached, THREE BEDROOM, TWO BATHROOM (one en-suite) CHALET STYLE BUNGALOW with off-street parking for 2/3 cars together with a GARAGE and a delightful garden to the rear. Set at the top of The Rose Walk, a private and sought after road, it sits in a commanding position slightly elevated with a south westerly facing lawned, level & SECLUDED garden to the rear.
Internally this chalet bungalow has well laid out accommodation with a large and inviting entrance hall, study area and dining room to the front. The reception room with arched windows overlooks the garden whilst the kitchen leads through to a breakfast area, large conservatory, playroom/study and access to the garage. Above are the three bedrooms and bathrooms.
The existing bungalow could be further enhanced by remodelling to create a modern home, or it could also be completely re-built (subject to planning) to a larger family house like its neighbours within the road.
Located within easy walking distance of Radletts high street ThamesLink Mainline Station offers direct access into Central London via Kings Cross St.Pancras in under 25 minutes.
Radletts high street has a number of places of worship, restaurants, coffee shops together with a library within the Radlett centre which itself hosts a variety of shows and concerts throughout the year. Schools closely include several state & private from reception through to secondary including Manor Lodge, Edge Grove, Newberries, St.Johns, Radlett Prep, Haberdashers, Aldenham and HJPS.
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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