Weymouth Avenue, Mill Hill, NW7

1 /11
Available / For Sale

Hamptons Sales, Totteridge & Whetstone

1370 High Road, Whetstone, London

8 bedroom detached for sale

£2,750,000 Offers in excess of

8

Bedrooms

6

Bathrooms

Floorplan

A welcoming entrance vestibule leads into a magnificent reception hallway, where a striking chandelier takes centre stage. Marble flooring, underfloor heating and integrated air-conditioning extend throughout the ground floor, setting a tone of luxury. The accommodation is both versatile and expansive, featuring a games room with its own bar, guest cloakroom and independent entrance, alongside elegant living and dining rooms, all of which enjoy views into the superb pool complex.

The heart of the home is the well-appointed kitchen, complete with a central island, which flows seamlessly into a secondary utility kitchen and boiler room. A dedicated office, family TV room, gym and further guest cloakroom enhance the practicality and appeal of the ground floor.

The first floor hosts six generously proportioned bedrooms, each with its own en-suite. The principal suite is a true retreat, complete with a private dressing area and direct access to a terrace overlooking the landscaped rear garden. The second floor offers two additional rooms with access to extensive eaves storage.

Outside

The leisure facilities are a true highlight, with a spectacular indoor swimming pool, jacuzzi, shower area, all opening onto the garden. Outside, the grounds are mainly laid to lawn with a charming water feature and block-paved terrace, perfect for entertaining. To the front, the sweeping carriage driveway provides ample off-road parking.

Situation

Perfectly located, Mill Hill Broadway is just a short walk away, offering Thameslink Station, a wide choice of restaurants and shops including M&S Food, as well as excellent road connections via the A1 and A41. Highly regarded local schools further enhance the appeal of this impressive family home.

Property Ref Number:

HAM-50111

Features
  • Freehold

Map location is not available for this property.

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

£ 2375200

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
    £ 68750
  • 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

£ 312700
  • 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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