4 bedroom terraced for sale

£650,000

4

Bedrooms

1

Bathrooms

Floorplan


SUMMARY
'' MID-TERRACED HOUSE '' TWO RECEPTION ROOMS '' WELL-APPOINTED KITCHEN '' FOUR WELL-PROPORTIONED BEDROOMS '' ADDITIONAL LEAN TO '' POTENTIAL FOR OFF-STREET PARKING (SUBJECT TO DROPPED CURB) '' LANDSCAPED REAR GARDEN & OUTBUILDING '' POTENTIAL TO EXTEND (STPP) '' CATCHMENTS TO GRAMMAR SCHOOL ''


DESCRIPTION
Connells are pleased to bring this well-presented, mid-terraced house to the market that is situated within West Watford offering easy access to Watford General Hospital and Watford Met Station. Comprising of a welcoming entrance hallway, two reception rooms, a well-appointed fitted kitchen, four well-proportioned bedrooms and family bathroom. Benefits include a separate lean to, a downstairs cloakroom, an expansive landscaped rear garden, outbuilding with electrics, the potential for off-street driveway parking (subject to dropped curb), additional residential parking as well as holding the potential to extend (STPP).
Conveniently located with easy access to the sought after Grammar Schools, local amenities including excellent transport link to the surrounding areas and motorway network M1, M25 and A41. The Town Centre can be accessed via approximately a 20-minute walk with its vast array of amenities to include the Atria shopping centre, restaurants, bars, entertainment facilities and the award winning Cassiobury Park.
Your viewing is highly recommended.
For more information or to arrange a viewing, please contact Connells today.

Entrance Porch
Door to front aspect, windows to front aspect, door to entrance hall.

Entrance Hall
Stairs to first floor landing, under-stairs storage, radiator, door to lean to.

Lean To
Door to cloakroom.

Cloakroom
WC, wash hand basin, radiator.

Lounge15 5' + Door Recess x 11 4' ( 4.70m + Door Recess x 3.45m )
Sliding patio doors to rear garden, television point, telephone point, radiator.

Dining Room 10 8' x 7 9' ( 3.25m x 2.36m )
Window to rear aspect, radiator.

Kitchen 7 6' x 12 6' ( 2.29m x 3.81m )
Fitted kitchen comprised of wall and base units with work surfaces and tiling to complement, window to front aspect, sink with drainer, eye level electric oven, gas hob with extractor hood, plumbing for washing machine and dishwasher, space for fridge/freezer.

First Floor Landing
Stairs from entrance hall, airing cupboard, loft access.

Bedroom One 10 2' x 11 8' ( 3.10m x 3.56m )
Window to front aspect, radiator.

Bedroom Two 13 9' MAX x 9 7' + Wardrobe ( 4.19m MAX x 2.92m + Wardrobe )
Window to rear aspect, built in wardrobe, radiator.

Bedroom Three8 5' MAX x 7 9' + Wardrobe ( 2.57m MAX x 2.36m + Wardrobe )
Window to rear aspect, built in wardrobe, radiator.

Bedroom Four10 8' x 7 5' ( 3.25m x 2.26m )
Window to rear aspect, radiator.

Bathroom
Window to front aspect, bath with mixer taps and shower attachment, vanity wash hand basin, WC, heated towel rail.

Outside

Front Garden
Block paved.

Rear Garden
Paved patio area, laid lawn, flower bed planters, access to outbuilding.

Outbuilding12 4' + Door Recess x 20 9' MAX ( 3.76m + Door Recess x 6.32m MAX )
Door to front aspect, windows to front aspect, lighting & electrics.



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.

Map location is not available for this property.

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

£ 538950

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
    £ 16250
  • 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

£ 51450
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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