4 bedroom detached for sale

£800,000 Offers over

4

Bedrooms

1

Bathrooms

Floorplan

Nestled in the heart of Northaw village, this charming four-bedroom detached house offers a delightful blend of modern living and traditional comfort. Spanning an impressive 1,615 square feet, the property was built in 1965 and has been thoughtfully designed to cater to contemporary lifestyles.

Upon entering, you are greeted by a bright and inviting atmosphere, enhanced by the spacious living accommodation, which includes a front reception/snug, a capacious lounge-dining room and a modern kitchen-breakfast room; perfect spaces for family and social gatherings, designed to meet the needs of todays busy households but with comfort in mind.

The first floor boasts four generously sized bedrooms, each offering ample space and natural light, ensuring a comfortable living environment for the entire family. The bathroom, conveniently located on this level, is well-equipped to serve the needs of the household but there is also a guest cloakroom on the ground floor adding convenience for all.

Complementing this lovely property, is a beautiful, mature and well maintained rear garden, which offers a tranquil retreat or, an entertainment area for social events; there is a summer house and additional outbuilding converted to home office with power and light. At the front of the property, there is a private drive for several cars, ensuring a stress free return home each day.

The surrounding area of Northaw is known for its picturesque charm and community spirit, making it an ideal location for families and individuals alike. Cuffley, Potters Bar & Hatfield are all within easy reach to accommodate your everyday needs. There are also some highly regarded schools close by. For those needing to commute, motorway and transport links are also within easy reach

This delightful detached house in a prime location, presents an excellent opportunity for those seeking a modern yet homely residence in a sought-after village setting.

A delightful, four bedroom detached family home, located in a charming village location within easy reach of everyday amenities, schools, transport & motorway links. The property provides bright & spacious living accommodation, complemented by a mature and well maintained rear garden with two outbuildings and front off street parking. There is a first floor bathroom and ground floor guest cloakroom providing convenience throughout, plus versatile and generous sized reception and dining areas. A fantastic family home, in a sought after location.



Features
  • Freehold

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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

£ 662700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 20000
  • 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

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£

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

£ 62700
  • 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

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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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