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£1,199,950
Bedrooms
This modern home is arranged over three floors and offers versatile family accommodation with potential to extend further to the side subject to planning permission ' Five bedrooms ' Open plan kitchen/dining/family space ' Separate lounge ' 120ft rear garden ' SELF-CONTAINED ANNEXE ' CHAIN FREE '
An immaculately presented five bedroom DETACHED FAMILY HOME with detached self-contained STUDIO ANNEXE. The property benefits from a LARGE FRONTAGE which provides AMPLE OFF STREET PARKING, there is also an integral garage and a 120FT MATURE REAR GARDEN with brick built covered OUTDOOR LIVING SPACE/BBQ AREA. The detached annexe is positioned nicely at the back of the garden
This modern home is arranged over three floors and offers versatile family accommodation with potential to extend further to the side subject to planning permission. On the ground floor there is an open plan contemporary kitchen, family and dining area with bi-folding doors leading out onto a paved patio area and rear garden, separate lounge, utility area, guest cloakroom and entrance hall. To the first floor there are four bedrooms, family bathroom and two en-suites. The master bedroom occupies the second floor and benefits from an en-suite shower room.
Located in a sought-after road in the heart of Little Heath, Potters Bar within walking distance to many shops, restaurants, leisure facilities including Revive fitness and Spa, Potters Bar Golf Club and Furzefield sports centre. Potters Bar mainline station that provides a fast train service into Kings Cross (approx. 17 minutes). Access to junction 23 and 24 of the M25 and the A1(M) South Mimms are also close by, offering excellent transport links to London and the North and easy access to major airports including Heathrow, Luton and Stansted. There are also several highly regarded schools within the area including Cranborne Primary School, Lochinver House School for Boys, Stormont School for Girls, Little Heath Primary School, Pope Paul Catholic Primary School and Dame Alice Owen and Mount Grace Secondary Schools.
Entrance Hall
Guest Cloakroom
Lounge (5.38m x 4.57m)
Kitchen Area (7.80m x 3.43m)
Diner/Family Area (8.86m x 3.76m)
Lounge (5.38m x 4.57m)
Utility Area (4.06m x 1.22m)
Master Bedroom (7.65m x 6.15m)
En-suite Shower Room
Bedroom 2 (5.28m x 3.43m)
En-suite Wash Room
Bedroom 3
Dressing Room
Bedroom 4 (3.28m x 2.74m)
En-suite Bathroom
Bedroom 5 (5.23m x 2.87m)
Family Bathroom
Integral Garage (4.88m x 3.96m)
Frontage (15.24m)
Rear Garden (36.58m)
DETACHED ANNEXE
Reception Room 180 x 89
Kitchen 108 x 56
En-suite Shower Room
PLEASE NOTE THAT PLANNING PERMISSION HAS BEEN GRANTED TO THE GARDEN AREA TO THE SIDE OF THE PROPERTY FOR A 4 BEDROOM DETACHED HOUSE. WHICH IS NOT INCLUDED IN THE SALE. PLEASE SEE PLAN IN PHOTOS.
PLANNING APPLICATION NUMBER, 25/0178/FUL
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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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