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£4,500,000 Guide Price
Bedrooms
Bathrooms
''4.7 Acres of land, development opportunity STPP''
For the first time in nearly five decades, this exceptional opportunity arises to acquire a magnificent detached period residence spanning over 8,500 Sq. Ft. Nestled within circa 4.7 acres of formal, mature gardens and grounds, the estate includes an orchard with stabling and is surrounded by picturesque farmland, offering breathtaking countryside views.
Set back from the road behind a gated driveway, the property exudes charm and character, boasting an abundance of original features. While it remains well-lit and spacious, it now requires updating, presenting an exciting opportunity for a new owner to restore and personalize it as their own family home. The current owners have cherished the property for many years, and it is ready for a new custodian to continue its legacy.
Inside, the expansive ground floor is designed for both grand entertaining and comfortable family living. The welcoming reception hall leads to a guest cloakroom, a spacious lounge, a morning room, a formal dining room, and a study. The kitchen is complemented by a breakfast room and a separate utility room, ensuring convenience and practicality.
The first floor comprises five generously sized bedrooms, two of which benefit from en-suite bathrooms, while a family bathroom serves the remaining rooms. The second floor offers additional accommodation, including two further bedrooms and a versatile playroom.
The exterior grounds are a true highlight, providing a perfect blend of privacy and open space. The 4.64-acre estate includes stables, a triple-length garage, and a detached coach house with space for three cars. A secluded private garden room or office offers a peaceful retreat, while several outbuildings and a charming summer house add further potential for various uses.
Ideally situated, the property enjoys excellent transport links, with the A1(M), M25, and M1 motorways easily accessible, as well as nearby Elstree and Borehamwood train stations and Elstree Aerodrome. The area is also home to a selection of outstanding schools, including Haberdashers Askes, Edge Grove, and Aldenham, making it an ideal choice for families.
This rare and distinguished residence offers an unparalleled opportunity to create a stunning family home in a highly desirable location.
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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