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£1,450,000
Bedrooms
Bathrooms
The entrance of this beautiful apartment is flanked immediately by the main living spaces including a triple aspect living room with high exposed feature rafter ceiling with a linear pitched double glazed roof light running the length of the room.
A dedicated dining area is located opposite a naturally lit fully quipped fitted kitchen. A separate utility room on axis terminates the linear hallway.
The living areas have direct access to the rear landscaped garden and masonry constructed barbecue gazebo. The accommodation includes a principle bedroom with an ensuite sunken bath/shower room. The space is dramatic and enjoys unique double height ceilings, a large overhead double glazed roof light with electric
privacy blind expressed feature rafters and fenestration to three sides. External access to a private south facing terrace is provided from the principle bedroom.
The apartment benefits from a further two large double bedrooms with integrated illuminated wardrobes. A fitted guest sunken bath/shower room is provided off the common hallway.
Situation
Hadley Wood station offers regular services to King€™s Cross and Moorgate in less than 25 minutes. Cockfosters underground station on the Piccadilly line is close by making this location key to commuting to London and the City. Hadley Wood is 20km north of central London and lies 2km within the M25. It is an enclave for those seeking exclusiveness in a picturesque setting. The local restaurants and cafs offer a friendly and personal atmosphere with a range of international cuisines and a choice of local Public Houses all within easy reach. Nearby attractions include The Ferny Hill Tea Rooms and Trent Country Park. Formal dining is available at the nearby 4-star hotels including the West Lodge Park Hotel and The Manor in Elstree.
Map location is not available for this property.
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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