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65C Green Lane, Northwood
£2,095,000
Bedrooms
Bathrooms
Entering the market is one of Northwoods most iconic homes, a superb six-bedroom detached residence located centrally to the town and sitting on a double width plot. No onward chain.
The ground floor briefly comprises a welcoming entrance hallway with access to the dining room, a light filled spacious reception room with feature window and the living room,. Both rooms have stunning views of the garden as well as access to a large patio area with steps leading down to the garden and swimming pool. The kitchen has an ample range of units and access to a versatile utility room. Completing the ground floor is a guest cloakroom.
To the first floor is a dual aspect principal bedroom with ensuite and balcony. There are five further bedrooms a family bathroom and separate wc.
Externally there is a double garage, off road parking and to the rear an incredibly well cared for garden with swimming pool and large patio area.
London is just 16 miles (approx.) and is reached by rail from Northwood Metropolitan Line underground railway station. Watford (4 miles approx.) and Harrow (6 miles approx.) are both accessible by road and offer multiple shopping centres. Northwood provides a wide range of shops with multiple stores including Waitrose, Boots and Costa Coffee. There is an interesting selection of quality restaurants serving multi-cultural cuisine and several coffee/snack bars. Sports and fitness enthusiasts are well catered for with clubs for Golf, Tennis, Football, Cricket and extensive facilities within the David Lloyd Sports and Social Club. There is a good choice of schools in the area both state and private including: St Helens and Northwood College for girls, St Martins, St Johns and Merchant Taylors for boys.
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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