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£600,000 Offers over
Bedrooms
Bathrooms
This chain free 3 bedroom family home is located within Hertsmere Mews, a private development built by Bellway Homes less than 6 years ago. This modern family home offers both quality and peace of mind. With over 1,280 sq. ft. of accommodation, the property has been designed with flexible layouts that work well for family life.
This chain free 3 bedroom family home is located within Hertsmere Mews, a private development built by Bellway Homes less than 6 years ago. This modern family home offers both quality and peace of mind. With over 1,280 sq. ft. of accommodation, the property has been designed with flexible layouts that work well for family life.
The ground floor features a bright and spacious lounge with double doors leading directly out to the rear garden, a contemporary fitted kitchen with integrated appliances, a convenient WC, understairs cupboard and covered entrance porch. Upstairs youll find three well-proportioned double bedrooms, a 3 piece en-suite to bedroom one, plus a family bathroom.
The property enjoys a larger-than-average rear garden, 4 years of the NHBC warranty remaining, off-street parking and a spacious garage with front and rear access which would make for an ideal home office or gym. Being part of a Bellway development, that consists 100% of privately owned homes, this is an excellent opportunity to secure a sought after style of property in a desirable development with an established, caring and private community.
There are great transport links to Hertsmere Mews with Elstree and Borehamwood train station to London St. Pancras is under 30 minutes. The M25 is around a seven-minute drive away, giving you easy access to the rest of the country. For air travel Luton Airport is under a half an hour drive and Heathrow Airport around 45 minutes.
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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