2 bedroom apartment for sale

£800,000

2

Bedrooms

2

Bathrooms

Floorplan


SUMMARY
'' GRADE II LISTED '' CHARACTER&CHARM '' GARAGE '' PARKING '' TOP FLOOR APARTMENT '' IMMACULATE CONDITION '' SHARE OF FREEHOLD '' MERRY HILL LOCATION '' 2 BEDROOMS ''


DESCRIPTION
Connells are pleased to present Haydon Hill House, on Merry Hill Road in the heart of Bushey. Haydon Hill House was built in 1800, boasting of character and charm, this apartment offers a blend of history with modern and luxurious living and high ceilings. The location is within easy reach of local amenities and transport links making the property versatile for a cozy home or even a unique investment.

Off the entrance hall you will find an expansive reception room with a separate modern, fitted kitchen; ideal for hosting with guests. The apartment has two spacious bedrooms, including a master bedroom with an en-suite bathroom and built-in wardrobes in both providing convenience and ease.

Outside the property, the residence offers great access to a variety of nurseries, primary schools and secondary schools within close proximity. The property is also conveniently located with access to several transport links including easy access to the A41 and M1 & M25 motorways. Bushey Village, Watford high street, Atria shopping centre and Radlett are also just a short drive away providing numerous recreational and entertainment facilities as well as many different shops and eateries. The gated entrance takes you through landscaped grounds, as well as a private gate providing direct access to Attenborough fields.

Additionally, the property has a garage and ample parking for residents and guests.

Entrance Hall
Door to front aspect, window to side aspect and radiator.

Lounge22 8' max x 21 10' max ( 6.91m max x 6.65m max )
Window to front aspect, window to side aspect, bay window, television point and radiator.

Kitchen21 5' max x 12 max ( 6.53m max x 3.66m max )
Window to side aspect, wall and base units, boiler cupboard, one and a half bowl sink with drainer, dishwasher, washing machine, full fridge, full freezer, gas hob and cooker hood.

Bedroom 118 4' x 10 2' ( 5.59m x 3.10m )
Window to side aspect, radiator, television point and fitted wardrobe.

En Suite
Window to side aspect, vanity unit, Jacuzzi bath, tiled throughout, bidet and a heated towel rail.

Bedroom 218 2' x 11 7' ( 5.54m x 3.53m )
Window to side aspect, radiator and fitted wardrobes.

Bathroom
Vanity unit, tiled throughout, shower cubicle, water closet and heated towel rail.

Garage
In block with up and over door.

Agents Note
This unique home is Grade II listed.


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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

£ 662700

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
    £ 20000
  • 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

£ 62700
  • 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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