5 bedroom detached for sale

£6,900,000

5

Bedrooms

5

Bathrooms

Floorplan

''' BUILDING PERMISSIONS GRANTED '''

''' OTHER BUILDING PERMISSION AWAITING DECISION '''

Madison Fox welcomes to the market Lodge Farm which offers a truly unique opportunity to acquire this truly amazing residence located behind secure electronic gates on an incredible plot of circa 23 acres.

The accommodation is made up of the main house which is circa 5272 sq ft and offers modern and bright living space with 5 reception rooms, 5 bedrooms and 5 bathrooms. There is also a fabulous detached cottage of circa 1291 sq ft and has 2 reception rooms, 3 bedrooms and 2 bathrooms. Large stable block circa 1047 sq ft with 6 stables and a kitchen as well as a large barn with mezzanine area of circa 1515 sq ft.

Burnham Green is a small hamlet, located between the villages of Datchworth, Tewin and Digswell in the heart of Hertfordshire.The local Railway station is at Welwyn North offering fast and frequent services into London Kings Cross, Moorgate and Peterborough just over a mile away to the South.

Local primary schools are at Datchworth and Tewin, Local Churches are at Datchworth (All Saints) and Tewin (St Peters). Sports and golf clubs, playing fields, Digswell Lake Nature Reserve, countryside, public houses and restaurants are all nearby.

Tenure: Freehold

Council Tax Band: H

Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations. It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted. All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed. Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.

Madison Fox welcomes to the market Lodge Farm which offers a truly unique opportunity to acquire this truly amazing residence located behind secure electronic gates on an incredible plot of circa 23 acres.



The accommodation is made up of the main house which is circa 5272 sq ft and offers modern and bright living space with 5 reception rooms, 5 bedrooms and 5 bathrooms. There is also a fabulous detached cottage of circa 1291 sq ft and has 2 reception rooms, 3 bedrooms and 2 bathrooms. Large stable block circa 1047 sq ft with 6 stables and a kitchen as well as a large barn with mezzanine area of circa 1515 sq ft.



Burnham Green is a small hamlet, located between the villages of Datchworth, Tewin and Digswell in the heart of Hertfordshire.The local Railway station is at Welwyn North offering fast and frequent services into London Kings Cross, Moorgate and Peterborough just over a mile away to the South.



Local primary schools are at Datchworth and Tewin, Local Churches are at Datchworth (All Saints) and Tewin (St Peters). Sports and golf clubs, playing fields, Digswell Lake Nature Reserve, countryside, public houses and restaurants are all nearby.



Tenure: Freehold

Council Tax Band: H



Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations. It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted. All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed. Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.

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

£ 6089450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 172500
  • 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

£ 914450
  • 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

Adjust these figures

  %

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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