6 bedroom detached for sale

£1,495,000

6

Bedrooms

3

Bathrooms

Floorplan

Enjoying a tranquil setting in one of Stanmores finest streets is this beautiful six-bedroom, detached family home. The property is situated in a quiet cul-de-sac just off Gordon Avenue. Ideally located for all the amenities and transport facilities of Stanmore.
The ground floor comprises of a bright and spacious entrance hall with guest WC leading to the bay fronted study and sitting room, with the family room and dining room both opening onto the rear garden via French doors. There is a large, well-presented fitted kitchen which also benefits from direct access onto the garden and interlinks with the sitting room and another reception space linking the two, perfectly suited to being a second study.
A separate utility room, storeroom and secondary WC are also situated off the kitchen. The first floor affords a principal bedroom suite with dressing area and en-suite bathroom, a second bedroom with an en-suite shower room and four further bedrooms with the benefit of an additional family shower room.
Externally, there is gated off street parking and a large garden space to the front of the property. To the rear aspect is an elegant and landscaped garden with patio area, mature trees and shrubs that is perfect for alfresco dining. The property has been completely re-built and designed by the current owners to maximise the space and proportions of the property.
Leavesden Road is well positioned for easy reach of Stanmore Golf Club, Hartsbourne Country Club and The Grove. There are numerous excellent private and state schools in the vicinity including North London Collegiate, Avanti House, Haberdashers and Merchant Taylors. Furthermore, local amenities are easily accessible, offering excellent transport facilities with links to London with Stanmore Underground Station being under 0.8 miles away and the A41, M1 and M25 all located nearby.

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

£ 1252075

Mortgage Loan to Value

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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
    £ 37375
  • 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

£ 130825
  • 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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