3 bedroom semi-detached for sale

£575,000 Offers in excess of

3

Bedrooms

1

Bathrooms

Floorplan


SUMMARY
Connells are delighted to present this three bedroom extended semi-detached home with off-street parking. With a good-sized and well-maintained rear garden, this property also boasts a unique cellar, loft space, a utility room and downstairs cloakroom.


DESCRIPTION
This stunning three bedroom extended semi-detached home is coming to the market for the first time in over 30 years. The property has been thoughtfully maintained by the current owners and retains unique period features throughout. Boasting two reception rooms in addition to a modern extended kitchen-diner to the rear of the house, there is plenty of space for the growing family. Downstairs, there is also a utility room and cloakroom. The property also benefits from a good-sized cellar with power and lighting, which could be converted into a unique office or study space in the future. There is also further storage in the loft space, which is already insulated and partly-boarded. To the front of the property there is also a driveway for one vehicle and side-access leading to good-sized rear garden. Perfect for commuters and families alike, this beautiful home is very close to Leavesden Green JMI School & Nursery and convenient links to the M1 & M25. There is also a Nisa just a stonesthrow away and you will find a doctors surgery, dentist surgery and pharmacy all within walking distance.

Driveway
Driveway for one vehicle and side-access to rear garden.

Dining room11 11' Maximum x 10 4' Maximum ( 3.63m Maximum x 3.15m Maximum )
Log burner and radiator.

Lounge12 x 19 ( 3.66m x 5.79m )
Radiator, three windows to front and window to side.

Kitchen18 6' Maximum x 11 3' Maximum ( 5.64m Maximum x 3.43m Maximum )
Window to side and rear, patio doors to rear garden, stainless steel sink and drainer, open-plan, extended, skylight, integrated fridge-freezer, cooker hood, induction hob, dishwasher and electric oven.

Utility And Cloakroom6 4' x 6 6' ( 1.93m x 1.98m )
Butler basin, boiler, bidet and W/C, plumbing for washing machine, vent for tumble dryer.

Bedroom One10 10' Plus Wardrobe Space x 12 5' ( 3.30m Plus Wardrobe Space x 3.78m )
Fitted wardrobe space, radiator and two windows to front.

Bedroom Two10 10' Plus Recesses x 10 3' Maximum ( 3.30m Plus Recesses x 3.12m Maximum )
Built-in wardrobes, radiator and window to rear.

Bedroom Three12 x 6 2' Maximum ( 3.66m x 1.88m Maximum )
Fitted wardrobes, radiator and window to front.

Bathroom
Shower cubicle, heated towel rail radiator, bath, W/C, window to rear and vanity unit basin.

Cellar11 8' Maximum x 12 7' Maximum ( 3.56m Maximum x 3.84m Maximum )
Power and lighting.

Loft Space
Power, insulated and partly-boarded.

Rear Garden
Lawn, patio and side-access to front driveway.



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

£ 477075

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
    £ 14375
  • 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

£ 45825
  • 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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