Hamptons Sales, Totteridge & Whetstone

1370 High Road, Whetstone, London

4 bedroom detached for sale

£1,950,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

Rose Banks original character has been restored and a modern decoration enhances its beauty, having been lovingly looked after by its third owners, who are now ready to pass the responsibility to the next family to enjoy.
Its grand front door leads into the reception hallway with underfloor heating throughout the house along with an integrated music systems to be enjoyed in the main living rooms. A delightful sitting room and study to the front, family tv room leading seamlessly through tall, pocket doors to the quiet reading room to the rear opening into the garden. The exquisite kitchen was designed and fitted by John Ladbury & Co., hand-built units with Sub Zero/Wolf appliances and Quooker tap, to compliment the stunning granite island unit, the deep angle bay windows and doors to match the reading room opening into the garden. There is a guest cloakroom, utility room with stairs into the cellar and convenient lean to at the side giving useful access from the front to rear of the house.

Upstairs the landing has access to the attic and leads to four generous bedrooms, two double rooms that share a beautifully equipped four-piece family bathroom and two principal suites, both having John Ladbury & Co. fitted furniture and en-suite bathrooms, both of which have Villeroy & Boch fittings.

Outside

Outside you enter via a central gate with electric gates to the side into immaculate grounds, beautifully designed by award winning Matt Keightley of Rosebank Landscaping. There is a double garage, a large storeroom currently used as a golf storeroom, and side access to the rear garden, which has been designed for individual entertaining areas, a kitchen herb garden, a pavilion provides ideal shade with bench seat to match one opposite to enjoy the sunshine. To the rear there is a putting green and net. There is a gym in a detached building that could easily provide a work from home space.

Situation

Bush Hill Park is a lush green family location, with Enfield Cricket, Tennis & Bowls Club, Bush Hill Park Golf Course and Bush Hill Park itself close by, numerous stations into Liverpool Street or Moorgate, and highly regarded schooling for those wanting to walk to school.

Property Ref Number:

HAM-51547

Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1659200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 48750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 196700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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