3 bedroom detached for sale

£525,000

3

Bedrooms

1

Bathrooms

Floorplan

Kings group are DELIGHTED to bring to market this THREE 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 plenty of storage cupboards and a downstairs WC. As you enter the first floor, you are greeted with a good size bathroom, Two large double bedroom and a great size single room. The property is also complimented with a stunning garden. Additionally, the property is gifted with a single garage en-bloc and within the fully boarded loft, there are two windows which allows an abundance of natural lighting to intrude.

This fantastic house offers amazing links to both Hertford North train station (0.32 miles) and Hertford East Railway Station (0.72 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 Mill Mead Primary School (0.35 miles) and Richard Hale School (0.41 Miles). Local shops and amenities are also close by Hertford Town Centre being just over half a mile away (10 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 - 3.96m x 1.52m (1346 x 590) - Double radiator, Laminate flooring, Coved ceiling, Smoke alarm, Power Points

Downstairs Wc - 1.52m x 1.04m (519 x 305) - Doubled glazed opaque windows to side aspect, Single radiator, Tiled flooring, Low level WC

Lounge / Diner - 5.79m x 4.27m (1996 x 1489) - Double glazed windows to rear aspect, Two double radiators, Laminate flooring, Phone point, Power points, TV aerial point, Coved ceiling, Double glazed sliding doors leading to garden.

Kitchen - 3.05m x 2.44m (1019 x 861) - Double glazed windows to side aspect, Tiled flooring, Tiled splash backs, Integrated cooker, Gas oven, Gas hob, Hood extractor fan, Drainer unit, Integrated fridge freezer, Space for washing machine, Power points.

First Floor Landing - 3.63m x 1.88m (1111 x 602) - Open balustade Loft access, Carpeted flooring, Power points.

Bathroom - 2.13m x 2.44m (770 x 851) - Heated towel rail, Tiled flooring, Extractor fan, Thermostatically controlled shower, Wash basin with mixer tap, Part tiled walls, Low level WC.

Bedroom One - 4.06m x 4.27m (134 x 1497) - Double glazed windows to front aspect, Double radiator, Laminate flooring, Built in wardrobes, TV aerial point, Power points, Coved ceiling.

Bedroom Two - 3.96m x 2.44m (1381 x 858) - Double glazed windows to rear aspect, Double radiator, Laminate flooring, TV aerial point, Power points, Coved ceiling.

Bedroom Three - 2.74m x 1.88m (997 x 602) - Double glazed windows to rear aspect, Single radiator, Carpeted flooring, Power points.

Garden - approx 12.19m x 4.57m (approx 40 x 15) -

Loft - Fully boarded Loft with Two windows fitted



Features
  • Freehold

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

£ 435825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 13125
  • 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

£ 42075
  • 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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