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£2,895,000
Bedrooms
Bathrooms
Nestled within beautifully landscaped grounds in the sought-after and prestigious Park Street area of St Albans, this exceptional and private family residence offers a perfect blend of elegance, space, and comfort.
A secure gated entrance opens onto an expansive driveway leading directly to the front of the home. Stepping inside, you are greeted by a bright and welcoming hallway. To the left lies a stylish and well-appointed kitchen/breakfast room with sleek granite worktops, seamlessly connecting to a generous dining area and family roomideal for hosting and entertaining. At the front of the property, a charming lounge provides a cosy retreat for relaxation. The ground floor also features a spacious double bedroom with its own en suite, a dedicated home office, and a practical utility room.
Upstairs, you will find four comfortable bedrooms, each fitted with built-in wardrobes. The impressive principal suite boasts a walk-in dressing room, a luxurious en suite bathroom, and a private balcony offering delightful views over the rear garden. A separate three-piece family bathroom completes the first floor.
Within the grounds, additional amenities include a self-contained games room with golf simulator and gym, plus a triple garage providing secure parking for multiple vehicles. Above the garage is a versatile loft spaceideal for storage or conversion into a study or hobby roomwhile ample off-street parking is available beyond the gates.
The manicured gardens feature lush lawns, thoughtfully designed pathways, and an elegant patio area perfect for outdoor dining. A private tennis court provides the finishing touch to this remarkable home.
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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