7 bedroom detached for sale

£4,500,000 Offers in excess of

7

Bedrooms

6

Bathrooms

Floorplan

Property Description

Awesome 5699 sq ft 6/7 bedroom, 6 bathroom recently-built interior designed detached residence, where no expense has been spared in providing the luxuries & technology of contemporary living. Bespoke kitchen benefits a floating island. The gallery hall has an oak staircase. There is LABC warranty

Property Details

An awesome 6 / 7 bedroom, 6 bathroom, double fronted detached family home, set back from the road behind security gates in this premier location in Finchley. Built by the current owner just 5 years ago, the house is offered in immaculate condition throughout, and features include a fully fitted bespoke kitchen with a feature double width floating island, Miele integrated appliances, large floor to ceiling glass doors opening out to a level threshold patio for fabulous indoor outdoor living, the landscaped landscaped gardens with lighting a water system leads to a double garage at the rear of the property. the is also a garage to the side of the property in the gated and paved front providing off street parking for numerous cars. This amazing home benefits from the remaining 5 years new build warranty and has been carefully designed to consider and accommodate the needs of any family of all generations. Finchley Central Station, Dollis Valley Greenwalk, Windsor Open Space, and multiple restaurants, coffee shops and transport facilities are all within easy reach.


ACCOMMODATION Impressive entrance hall with galleried landing Bespoke kitchen/Breakfast room/Family room with floating island unit Large double reception room TV Room Utility room/Second Kitchen Guest cloakroom/WC Integral Garage to front Master suite with 2 dressing rooms & en-suite bathroom 5/6 further bedroom suites with en-suite bathrooms Entertainment Room (top floor) Bedroom 7 / Study (top floor) Cloakroom (top floor) Beautifully landscaped garden manicured lawn and flower border amazing terrace for inside/outside living Double garage (rear of garden) Further gated drive (rear of garden) FEATURES Underfloor Heating Smart Alarm System & security cameras Smart Underfloor heating throughout the house LABC Self build warranty TV distribution in all the rooms Indoor /Outdoor Living and Access Top of the range German kitchen IT Networking system Gated parking and garage to side Automated programmable garden irrigation system to front and back gardens Double garage and driveway to rear

Features
  • Freehold

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

£ 3941450

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
    £ 112500
  • 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

£ 566450
  • 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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