3 bedroom detached for sale

£925,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan


SUMMARY
'' DRIVEWAY FOR THREE CARS & GARAGE '' POTENTIAL TO EXTEND (STPP) '' CLOSE TO CASSIOBURY PARK & WATFORD MET STATION '' NO UPPER CHAIN '' HIGHLY SOUGHT AFTER CASSIOBURY ESTATE LOCATION '' THREE BEDROOM DETACHED HOUSE '' LARGE KITCHEN / DINER '' ADDITIONAL OFFICE ROOM ''


DESCRIPTION
'' NO UPPER CHAIN ''
Connells are delighted to bring this well-presented detached family home that is situated on a popular residential road within the highly sought after Cassiobury Estate. The property comprises of a large through lounge, a fitted kitchen large dining area, three well-proportioned bedrooms and a modern family bathroom suite. Benefits include an additional office room, an additional shower room, a driveway for three cars, a garage, a well-maintained mature rear garden as well as holding the potential to extend (STPP).
An ideal family home, the property is conveniently located with access to several transport links including Watford Metropolitan Station as well as the M25, M1 & A41 motorways. There are a variety of well-regarded schools within catchments including Watford Boys Grammar School & Nascot Wood Infant & Junior Schools. There are a variety of local shops, amenities, eateries and the award winning Cassiobury Park within walking distance as well as Watford Town Centre being a short distance away providing further amenities, eateries, entertainment and recreational facilities.
For more information or to arrange a viewing, please contact Connells today.

Auctioneers Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of 6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than 349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall
Door to front aspect, window to front aspect, stairs to first floor landing.

Shower Room
Windows to rear aspect, shower cubicle, WC. vanity wash hand basin, heated hand towel rail.

Living Room 29 5' MAX x 12 MAX ( 8.97m MAX x 3.66m MAX )
Windows to front and rear, window to side aspect, doors to rear garden, feature fire place, radiators.

Office Room 11 3' MAX x 7 5' MAX ( 3.43m MAX x 2.26m MAX )
Window to rear aspect, radiator.

Kitchen 11 8' MAX x 8 3' MAX ( 3.56m MAX x 2.51m MAX )
Fitted kitchen comprised of wall and base units with work surfaces and tiling to complement, window to rear aspect, sink with drainer, eye level electric oven, gas hob with extractor hood, plumbing for washing machine, space for fridge freezer, door to rear garden, opening to dining room.

Dining Room 13 6' MAX x 12 3' MAX ( 4.11m MAX x 3.73m MAX )
Window to front aspect, radiator.

First Floor Landing
Stairs from entrance hall, airing cupboard.

Bedroom One 17 6' MAX x 12 6' MAX ( 5.33m MAX x 3.81m MAX )
Window to front and rear aspect, fitted wardrobes, radiator.

Bedroom Two 13 6' MAX x 12 3' MAX ( 4.11m MAX x 3.73m MAX )
Window to front aspect, fitted wardrobes, radiator.

Bedroom Three9 5' MAX x 8 7' MAX ( 2.87m MAX x 2.62m MAX )
Window to rear aspect, fitted wardrobes, radiator.

Bathroom
Window to rear aspect, bath with mixer taps and overhead shower, his & hers vanity sink unit, WC, heated hand towel rail.

Outside

Front Garden
Block paved driveway for several cars.

Garage
Up and over door, door to office room.

Rear Garden
Paved patio area, laid lawn, shed, shrubberies and trees, side access.



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

£ 765825

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
    £ 23125
  • 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

£ 72075
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message