9 bedroom semi-detached for sale

£750,000

9

Bedrooms

5

Bathrooms

Floorplan


SUMMARY
'' NO UPPER CHAIN '' IDEAL INVESTMENT OPPORTUNITY '' CLOSE TO WATFORD MET LINE '' PRIME WATFORD LOCATION '' HMO LAYOUT TARGETING WORKING PROFESSIONALS '' NINE WELL-PROPORTIONED BEDROOMS '' LARGE MODERN KITCHEN/DINING/LIVING AREA '' MODERN BATHROOM, TWO SHOWER ROOMS & TWO EN-SUITES ''


DESCRIPTION
'' NO UPPER CHAIN ''

An ideal investment opportunity - located on Hagden Lane this expansive 8/9-bedroom semi-detached house presents a lucrative option for multi-occupancy house rental, offering three communal bathrooms, two en-suite shower rooms as well as off-street parking. This property represents an excellent opportunity for investors seeking a high-yield property in a thriving commuter hub - the property offers modern amenities tailored to working professionals, ensuring strong tenant demand. With its strategic location and proximity to both Watfords town centre and London, this property is set to deliver consistent rental income and long-term growth potential.

The property is situated within easy reach of Watford Town Centre and ideally placed within walking distance to Watford High Street & Watford Metropolitan Station with direct links into Euston. The award winning Cassiobury Park with its hugely popular play area/splash park and woodland are within easy reach, as well as the other recreational facilities to include Watford Leisure Centre and Atria Shopping Centre with its vast area of family entertainment.

For more information or to arrange a viewing please contact Connells today.

Entrance Porch
Front door, window to front aspect.

Entrance Hall
Window to side aspect, stairs to first floor landing, under-stairs storage.

Bedroom Three13 2' INTO BAY x 8 10' ( 4.01m INTO BAY x 2.69m )
Bay window to front aspect.

Kitchen / Living Area18 7' MAX x 18 3' MAX ( 5.66m MAX x 5.56m MAX )
Fitted kitchen comprised of wall and base units with work surfaces and tiling to complement, skylight, sink with drainer, electric eye level oven, gas hob with extractor hood, plumbing for washing machine, space for fridge/freezer.

Shower Room
Window to rear aspect, shower cubicle, WC, wash hand basin, hand towel rail.

Bedroom Eight 11 8' MAX x 10 7' MAX ( 3.56m MAX x 3.23m MAX )
Window to rear aspect, door to rear garden.

Bedroom Nine7 2' MAX x 6 8' MAX ( 2.18m MAX x 2.03m MAX )
Window to rear aspect, door to rear garden.

Lean To
Door to rear garden, storage cupboard.

Bedroom Two12 3' MAX x 9 MAX ( 3.73m MAX x 2.74m MAX )
Door to en-suite.

En-Suite
Window to front aspect, shower cubicle, WC, wash hand basin, hand towel rail.

First Floor Landing
Stairs from entrance hall, stairs to second floor landing.

Bedroom One 15 6' INTO BAY x 11 11' ( 4.72m INTO BAY x 3.63m )
Bay window to front aspect, door to en-suite.

En-Suite
Window to front aspect, shower cubicle, WC, wash hand basin, hand towel rail.

Bedroom Four15 8' MAX x 10 10' MAX ( 4.78m MAX x 3.30m MAX )
Window to rear aspect.

Bedroom Seven9 2' MAX x 8 4' MAX ( 2.79m MAX x 2.54m MAX )
Window to rear aspect.

Shower Room
Window to side aspect, shower cubicle, WC, wash hand basin, hand towel rail.

Second Floor Landing
Stairs from first floor landing, window to side aspect, skylight, storage in eaves.

Bedroom Five11 11' MAX x 10 1' MAX ( 3.63m MAX x 3.07m MAX )
Window to rear aspect, Juliet balcony.

Bedroom Six8 5' MAX x 7 10' MAX ( 2.57m MAX x 2.39m MAX )
Window to rear aspect.

Bathroom
Skylight, bath with mixer taps and overhead shower, WC, wash hand basin, hand towel rail.

Outside

Rear Garden
Block paved, side access.

Parking
Parking at the rear of the property with potential for additional 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

£ 621450

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
    £ 18750
  • 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

£ 58950
  • 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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