4 bedroom detached for sale

£675,000 Offers in excess of

4

Bedrooms

3

Bathrooms

Floorplan

Situated on the highly sought-after Highland Road in the charming village of Nazeing, this beautifully presented four-bedroom detached home offers spacious and flexible living, ideal for the modern family.The property welcomes you with ample off-street parking for multiple vehicles, along with the added convenience of an integral garage. Upon entering, youre greeted by a generous reception room that flows effortlessly into a well-proportioned dining area. Just off the dining space fitted kitchen, perfect for family meals and entertaining guests. A bright and airy conservatory extends the living space further, creating a tranquil spot to relax and enjoy views of the garden.The ground floor also features a guest WC, a dedicated home office, and an additional workspace, offering excellent versatility for remote working or creative pursuits.Upstairs, the first floor comprises four well-sized bedrooms, all offering plenty of natural light and comfortable accommodation, as well as the family bathroom.To the rear, the property truly shines with a large, beautifully maintained garden that offers a perfect outdoor retreat. Complete with a charming summer house and a feature pond, the space is ideal for relaxing evenings or hosting family BBQs in the warmer months.Located approximately 1.2 miles from Broxbourne Train Station, this home offers excellent transport links to central London and beyond. The station is within easy reach, making commuting convenient and efficient.Situated close to local amenities, schools, and transport linkswhile still offering the tranquillity of village lifethis home combines space, style, and practicality in a prime Nazeing location.

Property being offered chain freeEPC Rating E

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

£ 559575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 16875
  • 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

£ 53325
  • 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

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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