4 bedroom detached bungalow for sale

£2,250,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

As you approach through the mature front garden, the spacious reception hallway welcomes you with a guest cloakroom and an immediate sense of light and elegance. The living room, bathed in natural light from tall windows, opens to both the secluded front garden and a charming garden room. A formal dining room leads seamlessly into the kitchen/breakfast room, complemented by a utility/laundry room with a separate larder. An additional office or family TV room, with fitted unit, offers versatility as a fourth bedroom.
The generous master suite boasts fitted wardrobes, bedside tables, and a luxurious en-suite. Two further bedrooms, both with fitted wardrobes, share a well-appointed family bathroom, ensuring ample space for family and guests.

Outside

Outdoor living is a true highlight, with the garden room connecting effortlessly to a large patio and a meticulously maintained, secluded rear garden. The space features a heated swimming pool with a shower & WC and changing room, a delightful summer house, and convenient side access.
The property also benefits from a private driveway with ample parking, leading to an integral double garage.

Situation

Surrounded by green open spaces and a golf course, this home enjoys a semi-rural feel while remaining well-connected. Quick access to major transport routes, including the M25, A1, and M1, as well as Thameslink services from Mill Hill and mainline trains from New Barnet, ensures a perfect balance of tranquility and accessibility.

Property Ref Number:

HAM-55897

Additional Information

The front door is electric with 11 swing bolts. Admission with key or finger print, and safety glass either side.
This is a rare opportunity to enjoy a truly stunning home in an enviable setting.

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

£ 1927700

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
    £ 56250
  • 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

£ 240200
  • 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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