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£1,500,000 Offers in excess of
Bedrooms
Bathrooms
Built by Kingsway Homes in 2001 this executive Regency style five bedroom home offers the ultimate in stylish living space in a private road location in Bushey Heath. The property comprises of a welcoming entrance hallway with doors leading to the study, a large reception room at the rear with French doors to the garden, a separate dining room with luxury porcelain tiles, fully fitted kitchen/breakfast room with access to the utility room and another reception room at the front.
On the first floor there are five bedrooms ( 4 Doubles and 1 Single ), the master has fitted cupboards and an en suite, the second bedroom also has fitted cupboards with an en suite shower, The first floor is completed with three further bedrooms with a family bathroom
The front has ample driveway parking and a double garage, at the rear is a private garden mainly laid to lawn with a large patio and garden room / study. This property is located for all of the local amenities of Bushey Heath, Stanmore and Watford Town Centres. Bushey Heath offers excellent private and state schools.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £6,487.00
Total Interest: £835,321.07
Overall Total: £2,335,321.07
Amortization For Monthly Payment: £6,487.00 over 30 years ( Based on 3.20% Interest )
Year | Interest | Principal | Balance |
---|---|---|---|
2025 | £47,558.37 | £30,285.66 | £1,469,714.34 |
2026 | £46,574.89 | £31,269.14 | £1,438,445.19 |
2027 | £45,559.47 | £32,284.56 | £1,406,160.63 |
2028 | £44,511.08 | £33,332.96 | £1,372,827.67 |
2029 | £43,428.64 | £34,415.40 | £1,338,412.27 |
2030 | £42,311.05 | £35,532.99 | £1,302,879.29 |
2031 | £41,157.17 | £36,686.87 | £1,266,192.42 |
2032 | £39,965.82 | £37,878.22 | £1,228,314.20 |
2033 | £38,735.78 | £39,108.26 | £1,189,205.94 |
2034 | £37,465.79 | £40,378.24 | £1,148,827.70 |
2035 | £36,154.57 | £41,689.47 | £1,107,138.23 |
2036 | £34,800.76 | £43,043.27 | £1,064,094.96 |
2037 | £33,402.100 | £44,441.04 | £1,019,653.92 |
2038 | £31,959.84 | £45,884.20 | £973,769.72 |
2039 | £30,469.82 | £47,374.22 | £926,395.51 |
2040 | £28,931.41 | £48,912.63 | £877,482.88 |
2041 | £27,343.04 | £50,500.99 | £826,981.89 |
2042 | £25,703.10 | £52,140.94 | £774,840.95 |
2043 | £24,009.90 | £53,834.14 | £721,006.82 |
2044 | £22,261.71 | £55,582.32 | £665,424.50 |
2045 | £20,456.76 | £57,387.28 | £608,037.22 |
2046 | £18,593.19 | £59,250.84 | £548,786.38 |
2047 | £16,669.11 | £61,174.93 | £487,611.45 |
2048 | £14,682.54 | £63,161.49 | £424,449.96 |
2049 | £12,631.47 | £65,212.57 | £359,237.39 |
2050 | £10,513.78 | £67,330.25 | £291,907.14 |
2051 | £8,327.33 | £69,516.70 | £222,390.43 |
2052 | £6,069.88 | £71,774.16 | £150,616.28 |
2053 | £3,739.12 | £74,104.92 | £76,511.36 |
2054 | £1,332.67 | £76,511.36 | £0.00 |
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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Sat May 17 2025
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Sat May 17 2025
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