5 bedroom detached for sale

£1,450,000

5

Bedrooms

3

Bathrooms

Floorplan

Situated on one of Cassioburys most sought after roads, this impressive five bedroom detached home spanning over 2700 sq. ft occupies a generous plot offering spacious and versatile accommodation across two floors.

A grand entrance hallway welcomes you, setting the tone for the generous sense of space that flows throughout the home.

The ground floor features a spacious 22 ft living room, complemented by a charming log burner, alongside a versatile bedroom with an en-suite shower room and a guest cloakroom. To the rear, the heart of the home reveals a sleek, open-plan kitchen that seamlessly connects to the dining area, family room, snug, and bar. This light-filled space benefits from a selection of Velux windows and bi-fold doors that open directly onto an expansive patio, offering picturesque views over the landscaped rear garden.

The stylish fitted kitchen is equipped with a range of integrated appliances, including a warming drawer, wine cooler, induction hob, Qettle hot water tap and multiple ovens. A central island, finished with Corian worktops and designed with space for seating, provides an ideal setting for culinary enthusiasts and casual dining. Completing the ground floor is a spacious utility room with abundant cupboard storage and a dedicated home office with direct access to the garden.

The first floor hosts four generously proportioned double bedrooms, with the principal bedroom featuring a modern en-suite shower room. Three bedrooms benefit from built-in wardrobes, alongside a well-appointed family bathroom with a walk in shower.

Additional features include underfloor heating to all ground floor tiled areas, air conditioning in parts of the home, electric car charging point and scope to extend into the loft subject to the relevant planning consents.

Outside the front of the property offers a carriage driveway providing off street parking for multiple cars. The secluded rear garden is mainly laid to lawn flanked by mature borders in addition to a generous patio area.

Devereux Drive is a quiet tree -lined street within walking distance of the award winning Cassiobury Park, local shops and highly regarded schools such as Cassiobury Infant & Junior School and Watford Grammar Schools for Boys and Girls with the bustling town centre and Watford Junction Station close by.

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

£ 1212700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 36250
  • 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

£ 125200
  • 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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