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65C Green Lane, Northwood
£2,295,000 Guide Price
Bedrooms
Bathrooms
Enjoying a coveted address on a substantial plot this attractive and most impressive looking residence holds pride of place in this highly sought after road. The Copsewood Estate is considered to be a prestigious part of Northwood and this fine looking house has a most generous floor plan of approx. 4000 square feet to include four reception rooms, seven bedrooms and five bathrooms (4 en-suite).
The accommodation briefly comprises on the ground floor of a spacious reception hall with glazed tiled flooring. Four reception rooms including a spacious family room with feature place. A luxury fitted kitchen with Miele integrated appliances that flows through into an impressive breakfast/dining room with access to the rear garden.
To the first floor the principal bedrooms includes a dressing room and en-suite. There are four additional bedrooms and three bathrooms. Rising to the second floor are two further bedrooms and a shower room.
The property is approached via a paved driveway allowing for parking as well as access to the garage.
To the rear is the landscaped 112ft gardens which incorporate a decked area with white retaining walls and steps to a lawn area with a selection of trees and shrubs.
Nicholas Way is only a short drive from Northwood Town centre and Waitrose Supermarket and for the commuter, Baker Street, The City and Central London are all easily accessible due to the Metropolitan Line station. Another major factor in Northwoods popularity is the high standard of education available in the area from both state and highly regarded private schools such as Merchant Taylors for Boys and St Helens for Girls.
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 )
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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