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£2,650,000 Guide Price
Bedrooms
Bathrooms
Elegantly appointed, fantastically spacious and well situated for road and rail links, this detached six-bedroom property is located on a coveted road just outside the centre of Watford, surrounded by lush green space. The house was originally built in 1924 in the Art Deco style and is uniquely and impressively presented, with classically Arts and Crafts styling. Much of the original character remains, including exposed beams, a fabulous brick detail fireplace, decorative plasterwork, an arched front door and matching lead light windows. The house has been significantly updated in recent years, to include extensions to the back and side of the house, converting the garage and redecorating throughout. The interiors are presented to a high standard with premium fixtures and fittings that complement the period features of the house. Outside there is extensive parking and a fabulous, landscaped garden, perfect for entertaining.
The substantial accommodation is arranged over two floors and is generously proportioned throughout, offering around 4900 sq ft of space. The rooms are well sized, with high ceilings and tall windows typical of the era, which further highlights the feeling of light and space. The layout has been well planned for entertaining and the ground floor has two formal reception rooms, a games room with a bar and an open plan kitchen/breakfast room and dining room which can be closed off when needed via a series of internal bifold doors. The latter is a fabulous room, with tall arched windows, roof lanterns and a stylish farmhouse-style kitchen with an excellent range of hand-painted units, which is fitted with a coveted Lacanche range stove and a variety of integrated appliances. There is masses of storage, including a laundry room, walk-in pantry, coats storage alongside the stairs and a fitted home office. Upstairs, the bedrooms are equally spacious and include a principal suite with a dressing room and an en suite shower room, five further bedrooms, two family bath/shower rooms and a further WC.
Outside
The house is approached over a large driveway with electronic gated access, leading to a substantial parking area and a triple garage. The house is well concealed from the road by mature trees and hedging. To the rear, a very large south facing garden is also well enclosed by trees around the boundary, creating a high degree of natural privacy, and there are attractive shrub borders stocked with a variety of different plants. A covered loggia at the rear opens to an expansive paved terrace, perfect for alfresco entertaining, with ample space for seating and dining furniture. There is a separate covered BBQ and seating area and a pergola set on the lawn, which is beautifully manicured and currently used for childrens play furniture.
Situation
Watford town centre is approximately 1.5 miles distant with its excellent selection of shops, including the atria Centre. Transport facilities include the Metropolitan Line at Watford station and the main line to Euston from Watford Junction (approx. 20 mins on faster trains). Road links are excellent with J5/6 of the M1 and J19/20/21 of the M25 providing access to the national motorway network and airports. There is a good selection of outstanding schools locally, both state and private, to include Watford Boys and Girls Grammar Schools, Cassiobury Junior School, Nascot Wood Primary, Haberdashers Boys and Girls Schools, Merchant Taylors and York House. Cassiobury Park is a thriving green space integral to Watford town and has over 190 acres of open space and woodland with a range of sporting and recreational facilities. The Grove Country Club is just over a mile away. The river Gade and the Grand Union Canal run through the nearby Cassiobury Park providing walking trails and there are a number of golf courses locally including West Herts, Sandy Lodge, Aldenham and The Hertsmere.
The Prime team would be delighted to show you around this property.
Property Ref Number:
HAM-55361Your 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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