2 bedroom detached for sale

£400,000

2

Bedrooms

1

Bathrooms

Floorplan

Kings group are DELIGHTED to bring to market this TWO BEDROOM HOME for sale within the popular SG14 area.

The ground floor of the property is comprised of a large lounge / diner. A practical kitchen with a 'U' shaped style allowing great counter top space. As you enter the first floor, you are greeted with a good size bathroom, a great size double bedroom with a built in wardrobe and a secondary double room. The property is also complimented with a south facing rear garden. Additionally, the property is gifted with plenty of parking spaces directly behind the property.

This fantastic house offers amazing links to both Hertford North train station (0.3 miles) and Hertford East Railway Station (0.93 miles) offering a direct link into London. There is also an added advantage of being situated near some of the areas most popular schools such as Hollybush Primary School (0.29 miles) and Sele School (0.46 Miles). Additionally, local shops and amenities are also close with Hertford Town Centre being 0.7 miles away (17 minute walk) where there are an abundance of supermarkets, banks, restaurants and other high street shops to choose from.

Hertford, the county town of Hertfordshire, offers a rich blend of history and modern charm. With its ancient origins and landmarks like Hertford Castle, it boasts a well-preserved medieval town center. The scenic River Lea and surrounding countryside provide beautiful green spaces for outdoor activities.

For more information on the local amenities, please visit and explore our newly updated 'local amenities' tab. This will be able to display local shops, schools, transport links and even more!

Entrance Hall - 3.20 x 2.29 (105' x 76' ) - Stairs to first floor landing, Single radiator, Laminate flooring, Power points

Lounge / Diner - 4.96 x 3.57 (163' x 118') - Double glazed windows at side aspect, Double radiators, Laminate flooring, Phone point, TV Aerial point, Power points, Double glazed door leafing to garden

Kitchen - 3.18 x 2.68 (105' x 89') - Double glazed window at side aspect, Tiled flooring, Acrylic splash backs, Integrated electric oven with electric hob, Hood style extractor fan, Sink with drainer unit, Space for fridge freezer, Plumbing for washing machine, Plumbing for dishwasher, Power points

First Floor Landing - 3.37 x 2.14 (110' x 70' ) - Laminate flooring

Bedroom One - 3.15 x 3.20 (104' x 105') - Access to loft space, Double glazed window at side aspect, Single radiator, Carpeted flooring, Built in wardrobe, TV Aerial point, Power points

Bedroom Two - 3.20 x 2.55 (105' x 84') - Double glazed window at side aspect, Single radiator, Carpeted flooring, TV Aerial point, Power points

Bathroom - 1.66 x 2.25 (55' x 74') - Double glazed opaque window at side aspect, Heated towel rail, Tiled flooring, Extractor fan, Panel enclosed bath with shower attached, Wash basin with mixer tap, Low level WC, Tiled walls

Garden - Approx. 20ft x 18ft, south facing, side access

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

£ 332700

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
    £ 10000
  • 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

£ 32700
  • 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

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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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