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£1,200,000
Bedrooms
Bathrooms
Spacious Four-Bedroom Detached Family Home in Desirable Little Heath
Situated at the end of a peaceful cul-de-sac of just four homes, this beautifully extended four-double-bedroom detached property offers generous living space in the sought-after Little Heath area of Potters Bar, just moments from both High Streets.
The home benefits from a side extension, creating a spacious family room alongside a separate lounge, dining room, and kitchen with a utility room. The first floor features four double bedrooms, including a master with an en-suite, as well as a family bathroom.
Externally, the property boasts a south-facing garden with a swimming pool, off-street parking to the front, and a double garage.
Located just 0.8 miles from Potters Bar train station, which offers direct links to Londons Moorgate and Kings Cross in just 17 minutes, this property provides an ideal commuter retreat from the bustle of city life. The area is well-served by excellent schools, including Lochinver House School for boys and Stormont and Queenswood for girls in the private sector, along with a selection of highly regarded state schools. Leisure facilities are plentiful, with sports centres, gyms, and horse riding opportunities all close by.
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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