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£935,000
Bedrooms
Bathrooms
This new build detached family home in quiet residential road features a cost effective Air Source Heat Pump and comes with garden room perfect for a home office, gym, or den.
This newly built, detached family home offers bright and spacious modern living. The three/four-bedroom property features a stunning rear-facing kitchen/breakfast/family room with bi-fold doors and a large roof light that fills the space with natural light and underfloor heating. At the front of the house, youll find a separate lounge or guest bedroom, along with a ground-floor shower/wet room and a separate utility room, all equipped with underfloor heating. Upstairs, a spacious landing leads to three bedrooms, one with an en-suite, as well as a family bathroom. The property benefits from an air-source heat pump, offering cost-effective heating and achieving an impressive B EPC rating.
The landscaped, tiered rear garden includes a neatly paved patio and a large timber garden room, perfect for a home office, gym, or den. The property also boasts a large block-paved frontage with off-street parking for two cars and an electric car charging point.
Located at the top end of a quiet residential road, the property is well positioned for a range of state primary and secondary schools, including Queen Elizabeths Boys Grammar, QE Girls Secondary, Whitings Hill Primary, and the recently opened Ark Pioneer Academy. High Barnet Underground Station (Northern Line, Zone 5) is approximately one mile away, and the town centre is within walking distance, offering numerous shops, bars, and restaurants, along with a bustling Saturday food market. The Spires shopping precinct is nearby, home to Waitrose, H&M, and the Anytime Fitness gym.
Map location is not available for this property.
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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