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£1,150,000
Bedrooms
Bathrooms
Kings Group - Cheshunt are delighted to offer this LUXURY AND SUBSTANTIAL 3500 PLUS SQUARE FOOT, SEVEN BEDROOM DETACHED HOME.
This spacious family home has a lot to offer a new potential owner making it a great purchase for any family looking for a long term dream home. There are many pros with this property one of them is the easy access it has to the A10 and M25 with both roads being accessible in under 5 minutes commuting to London and the surrounding areas is very easy and with Cheshunt Station being just 1.2 miles away there is also a direct line to London Liverpool Street in under 20 minutes. Churchgate also gains from having local shops and amenities very close by with Brookfield Shopping Centre being a short drive away there is a wide range of supermarkets and retail shops on offer and with local high street shops just walking distance away as a new owner you have everything you need right on your doorstep. The property also offers a new owner great access to some of the areas most popular schools such as, Goffs Academy (0.4 miles), Goffs Churchgate Academy (0.4 miles), Bonneygrove Primary School (0.6 miles) and many more within walking distance.
This luxury accommodation comprises of a ground floor including entrance hall, front reception room, downstairs WC, office/study room, large extended living room, impressive open plan kitchen and breakfast area with a dining room. On the first floor the property has SIX BEDROOMS with 5 out of the six bedrooms being large double sized rooms which include EN-SUITES, with one of the bedroom also having a DRESSING ROOM. The Sixth bedroom on the first floor is a single sized room. On the second floor you will find the large SEVENTH BEDROOM again with an EN-SUITE and the impressive and unique cinema room. Externally the property offers AMPLE of front parking with a large front driveway and a detached DOUBLE GARAGE which offers versatile usage, and is currently being used as a Gym/Utility/Shower Room.
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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