4 bedroom detached for sale

£1,300,000 Offers over

4

Bedrooms

4

Bathrooms

Floorplan

Nestled on the charming White Stubbs Lane in Broxbourne, The Old Forge is a splendid Victorian detached house that beautifully marries historical character with modern living. Spanning an impressive 3,641 (approx.) square feet, this property offers an abundance of space, featuring three elegant reception areas that are perfect for both entertaining and relaxation.

The residence boasts four well-appointed double bedrooms, each with their own bathroom, ensuring comfort and privacy for all occupants. The principle bedroom has a dressing room, bath/shower room and a cot room/ storage area. This bedroom is accessed from a minstrels gallery that looks down onto the magnificent vaulted living room with its character windows and feature fireplace. The heart of the home is undoubtedly the magnificent kitchen/ breakfast room, which is fully fitted with a range of high-quality units and a central island, seamlessly flowing into the dining area and family room. This open-plan design creates a warm and inviting atmosphere, ideal for family gatherings and social occasions. The first floor landing provides an ideal study area with South facing views over the local golf course.

Set within tranquil gardens and grounds, The Old Forge is a peaceful retreat, with lush lawns and well-stocked borders that enhance the natural beauty of the surroundings. The property also offers ample parking for up to six vehicles, making it convenient for both residents and guests.

EntranceDoor

EntranceHall 255x910(7.75mx3.00m)

Cloakroom

VaultedLivingRoom 1911x187(6.07mx5.66m)

Kitchen/BreakfastRoom 199x154(6.02mx4.67m)

DiningArea 20x115(6.10mx3.48m)

FamilyRoom 1511x106(4.85mx3.20m)

LaundryRoom 8x72(2.44mx2.18m)

InnerHall

BedroomSuiteTwo 165x142(5.00mx4.32m)

En-SuiteShower2 75x71(2.26mx2.16m)

BedroomSuiteThree 149x123(4.50mx3.73m)

En-SuiteShower3

BedroomFour 1410x122(4.52mx3.71m)

FamilyBathroom

FirstFloor

StudyLanding 147x99(4.45mx2.97m)

MinstrelGallery

PrincipleBedroomSuite 208x1610(6.30mx5.13m)

DressingRoom 121x116incwds(3.68mx3.51minc wds)

CotRoomStorage 96x86(2.90mx2.59m)

External GatedDriveway

DoubleGarage 238x16(7.21mx4.88m)

LargePatio

LandscapedGarden



Features
  • Freehold

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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

£ 1081450

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
    £ 32500
  • 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

£ 106450
  • 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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