5 bedroom detached for sale

£810,000

5

Bedrooms

2

Bathrooms

Floorplan

'' CHAIN FREE '' Nestled in the highly desirable location of Mylne Close, Cheshunt, this imposing detached family home offers an exceptional blend of space and versatility. Built in 1997 by the reputable Messrs David Wilson Homes, this property boasts five generously sized double bedrooms, making it ideal for families seeking room to grow.

Upon entering, you are greeted by three well-proportioned reception rooms, providing ample space for both relaxation and entertaining. The layout is thoughtfully designed to cater to modern family living, ensuring that each member of the household can enjoy their own space while still coming together in the heart of the home.

The property features two bathrooms, which are conveniently located to serve the needs of a busy family. The double integral garage adds to the practicality of the home, offering secure parking and additional storage options.

With its spacious accommodation and prime location, this detached house is perfect for those looking to settle in a friendly community while enjoying the comforts of a modern family home. Whether you are hosting gatherings or enjoying quiet evenings, this property is sure to meet all your needs.

Entrance Hallway -

Lounge - 5.23m x 3.58m (172 x 119) -

Dining Room - 3.58m x 2.95m (119 x 98) -

Study - 3.94m x 2.39m (1211 x 710) -

Kitchen / Breakfast Room - 5.03m x 2.69m (166 x 810) -

Ground Floor W.C -

First Floor -

Master Bedroom With En-Suite - 4.22m x 3.84m (1310 x 127 ) -

Bedroom Two - 4.65m x 3.33m (153 x 1011) -

Bedroom Three - 3.99m x 2.51m (131 x 83) -

Bedroom Four - 3.58m x 3.48m (119 x 115) -

Bedroom Five - 3.68m x 2.72m (121 x 811) -

Exterior -

Landscaped Rear Garden -

Double Integral Garage - 5.13m x 5.05m (1610 x 167) -



Features
  • Freehold

Map location is not available for this property.

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

£ 670950

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
    £ 20250
  • 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

£ 63450
  • 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

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  %

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

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  %

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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