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65C Green Lane, Northwood
£2,000,000 Offers in excess of
Bedrooms
Bathrooms
A Rare Opportunity in One of Oxhey and Watfords Most Coveted Addresses
Nestled on one of the most desirable private roads in the Oxhey and Watford area, this exclusive enclave comprises just 17 individual residences, each set on generous plots. This particular property offers a unique opportunity to acquire a substantial plot with full planning permission to create a bespoke luxury family home extending to approximately 12,000 sq ft.
The property currently benefits from off-street parking and a garage, providing convenience and security for your vehicles.
The large windows allow natural light to flood in, enhancing the bright and airy atmosphere of the home. With ample living space, including a modern kitchen, cosy living room, and elegant bedrooms, this property offers plenty of scope for a re-design or a light refurbishment if desired.
Prime Location with Excellent Connectivity
Nancy Downs is a tranquil private road accessed from Green Lane, offering the perfect balance of privacy and convenience. The vibrant heart of Watford is just a short distance away, offering an excellent selection of boutique shops, restaurants, cafs, major supermarkets, and the popular Atria Watford shopping centre.
Commuters are well catered for, with Watfords Metropolitan and Bushey Station providing fast and frequent services into Central London within 30 minutes. For those traveling further afield, the M25 and M1 motorways are easily accessible, linking to the national motorway network, while major international airports are also within convenient reach.
The area is renowned for its outstanding educational options, including prestigious independent schools such as Haberdashers Askes, Merchant Taylors and St Helens School for Girls. In addition, the highly regarded Watford Grammar Schools for both boys and girls are nearby, along with the well-rated Bromet Primary School.
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.
65C Green Lane, Northwood
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