5 bedroom detached for sale

£1,895,000

5

Bedrooms

3

Bathrooms

Floorplan

Set back from Hempstead Road and occupying a generous plot, this impressive five bedroom, three bathroom detached family home boasts over 4,800 sq. ft of versatile living space, complete with an indoor swimming pool.

Built circa 1978 as one of just two distinctive properties, this iconic home has been thoughtfully extended and upgraded by the current owners to create an exceptional family home.

Imposing double doors opens into a grand entrance hallway, leading to a spacious double bedroom with a luxury ensuite shower room, a well-appointed utility room, and a stylish guest cloakroom. The first reception room extends over 31 ft, featuring wood flooring and bespoke fitted cabinetry, while a striking cinema room offers the perfect setting for family movie nights and entertaining guests.

An elegant, glass-panelled staircase leads to a gallery landing and the first floor, where youll find a contemporary family bathroom and four generously proportioned double bedrooms, three with built-in wardrobes, and the principal suite benefiting from its own modern en-suite shower room.

A standout feature of the home is the expansive, light-filled upper reception space, which spans over 41 ft and offers uninterrupted views of the internal swimming pool. From here, doors open to a private balcony, a charming courtyard, and a versatile music room. A sleek, integrated kitchen with a central island offers a refined setting for culinary pursuits and informal dining.

Externally, the property offers off-street parking for multiple cars and a secluded landscaped rear garden with mature borders and a large patio.

Thoughtfully designed with versatility in mind, this homes distinctive layout caters to a range of lifestyles, including multi-generational living and those who enjoy hosting guests.

Conveniently located on Hempstead Road, both Cassiobury and Nascot Wood Junior Schools, Watford town centre, with its array of shops, bars, restaurants, and the Atria Watford Shopping Centre, are nearby. The award-winning Cassiobury Park and Grove hotel is also within easy reach, offering green space, leisure facilities and one of the UKs premier golf courses.

Commuters will appreciate the superb transport connections, with effortless access to London from Watford Junction station and a brief drive to the M25, M1, and A41 motorways.

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

£ 1609975

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 47375
  • 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

£ 188725
  • 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

£

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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