4 bedroom detached for sale

£850,000 Offers in excess of

4

Bedrooms

2

Bathrooms

2

Reception

Floorplan

Council tax band: G.

Akeman Residential aredelighted to present this immaculate family home, available for the first timesince its construction in the 1980s. Originally purchased off-plan, thischerished property is now ready to welcome its next owners.

The ground floor comprisesa welcoming porch leading into the entrance hall, which provides access to thedining room, a convenient cloakroom WC, a spacious dual-aspect lounge withFrench doors opening to the rear garden, and a well-appointed kitchen featuringample storage and integrated appliances.

Upstairs, the propertyboasts four generously sized bedrooms. Two of the bedrooms include built-inwardrobes, with the principal bedroom further enhanced by an en-suite showerroom. A modern family bathroom completes the first-floor accommodation.

Externally, the homeoffers off-road parking for multiple vehicles, a sizable rear garden, and adetached double garage.

This property is offeredto the market for the very first time and is chain-free, ensuring astraightforward and stress-free purchase.

Location

Beechwood Park is a uniquedevelopment of four, five and six bedroom detached homes on spacious plots,this particular plot is larger than most. The property is situated on BeechwoodPark itself and is adjacent the Boxmoor Trust Common Land, an area of landextending to 500 acres including woodlands for the benefit of local people. Forthose needing access to the City the train station is located just a few minuteswalk away, the walk to the station is flat and would be accessible for thosewith walking impairments. For those needing travel further afield Heathrow andLuton airports are within a 45 minute drive (Luton 20 minutes) with the M1, M25and A412 motorways also within a few minutes drive. Shopping facilities areavailable in both Hemel Hempstead and Berkhamsted, Berkhamsted has a selectionof independent a boutique retailers plus a Marks & Spencers and Waitrose.For those with a desire to get into the country side the property is just a fewminutes drive from Ashridge Park and area of Outstanding Natural Beauty in theChiltern Hills.

Important Information

1. General: While westrive to provide sales particulars that are fair, accurate, and reliable,please be aware that they serve as a general guide to the property. Therefore,if there is any aspect of particular importance to you, we kindly request that youcontact our office. We will be delighted to verify the details, especially ifyou plan to travel a significant distance to view the property.

2. Measurements: Themeasurements provided are intended for guidance purposes only and should not beregarded as precise.

3. Services: It isessential to note that we have not conducted tests on the services or any ofthe equipment or appliances within this property. Consequently, we stronglyrecommend that prospective buyers arrange for their independent survey orservice reports before finalising their offer to purchase.

4. Disclaimer: Theseparticulars are issued in good faith but do not constitute representations offact or form part of any offer or contract. Any matters referred to in theseparticulars should be independently verified by prospective buyers or tenants.Neither Akeman Residential Limited nor any of its employees or agents holdsauthority to make or provide any representation or warranty concerning thisproperty.


New Home: Non New Home

Nearest Stations:

0.35 miles
Hemel Hempstead
1.5 miles
Apsley
3.27 miles
Berkhamsted
3.34 miles
King's Langley
5.43 miles
Chesham

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 703950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 21250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 66450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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