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£2,850,000 Guide Price
Bedrooms
Bathrooms
An incredible five bedroom Historic 14th century detached country home with over 5,200 sq ft (483 sq. m) of accommodation, oozing character and charm, with very old chimneys and fireplaces, offering flexible accommodation, with a fabulous outlook and set within circa 2.65 acres of glorious grounds.
As the electric wooden gates open and you drive up and park your vehicle in one of two car parks, you are immediately impressed by the look of this lovely home.
As the front door opens, the incredible kitchen/ breakfast room awaits. The accommodation flows really well and from here is the comfortable dining room, reading room, further guest kitchen and kitchenette. There is a utility and separate storeroom.
On the first floor there are five bedrooms, the main suite has a large en suite bathroom and dressing area, with two further bathrooms.
Outside attached is the gym area, further storage and office areas.
The rear garden is glorious , with lovely views, laid to lawn with mature trees and shrubs and to the rear the garden meanders down to the wooded area for children to enjoy and explore. There is also a very old barn which would be ideal for a variety of uses. To the front is a very large two story barn, further storage and three office room areas.
To the front is off street parking for several vehicles via private driveway.
This is a rural area surrounded by rolling countryside between Harpenden, Hitchin and Luton, an approx. 5 minutes drive to London Luton Parkway station and the dart train which takes 20 mins to London St Pancras. Although only 3 miles across country fields from Luton Airport, Tea Green is situated at right angles to the runways and understand from our clients, is not on the flightpath.
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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