4 bedroom detached for sale

£1,200,000

4

Bedrooms

2

Bathrooms

Floorplan

A LUXURY 4/5 BEDROOM & 2 BATHROOM SIR FRANCIS WALKER SEMI-DETACHED HOUSE IN SOUGHT AFTER LOCATION OFFERING FURTHER SCOPE & POTENTIAL - SPP.
On the Ground Floor there is a Spacious Through Lounge with White Marble Fireplace, Study/Playroom/Possible Bedroom 5, Fitted Kitchen/Diner with Granite Worktops & Breakfast Bar, Downstairs Cloakroom & Shower Room.
On the First Floor There are 4 Bedrooms, 3 are Doubles and All with Fitted Wardrobes, Plus a Further Bedroom & Good Sized Landing Area Suitable for Study, Play Area, or Music Area, Otherwise There is the Possibility of Extending the 4th Bedroom to Incorporate This Space. The Loft is Intact and Suitable for Conversion to Create a Very Large Master Bedroom & Bathroom En Suite.
There are 4 Rooms in the Cellar - at Garden Level - Some of 6 in Height and Could be Converted. The Rear Garden Has a Very Large Paved Area Suitable for Entertainment and an Area Laid to Lawn. An Added Features if the Balcony Accessed From the Through Lounge & Kitchen/Diner with Paving & Glass Screening, Enjoying a Wonderful Outlook onto the Garden. There is Paved OFF STREET PARKING TO FRONT and an Electric Charging Point.
This is an Amazing Family Home Offering Versatile Accommodation & Potential. Within Walking Distance of Cockfosters Tube Station (Picc. Line), Shops, Buses, a Multitude of Restaurants, Trent Park and Good Schools.

Entrance Hall: - Approached Via Entrance Porch with Security Door, Leading to a Spacious Hallway with Wood Flooring, Double Radiator, Coat Cupboard and Access to All Ground Floor Rooms and Downstairs Cloakroom.

Through Lounge: Pic. 1 - 10.67m x 3.73m (35 x 123) - Georgian Style Double Glazed Bay Window to Front, Double Glazed Sliding Patio Doors to Balcony at Rear, White Marble Fireplace with Electric Coal Effect Fire, Wood Flooring, 2 x Double Radiators, Cornicing.

Through Lounge: Pic. 2 - Different Aspect.

Lounge Area To Rear: -

Attractive Outlook & Access To Balcony: - Double Glazed Sliding Patio Doors to an Elevated Balcony with Attractive Views of the Rear Garden Via Glass Screens.

Dining Area To Front: -

Study/Poss. Bedroom 5: - 4.11m x 2.62m (136 x 87) - A Very Useful and Versatile Room with Double Glazed Bay Window to Front, Wood Flooring, Radiator.

Fitted Kitchen/Diner: - 4.75m x 3.18m (157 x 105) - Well Fitted with Ample Floor & Wall Units with Granite Worktops & Breakfast Bar, 1.5 Bowl Inset Stainless Steel Sink with Mixer Taps, Neff Ceramic Hob with Neff Hood Over, Eye Level Double Oven, Integrated Dishwasher, Plumbing for American Fridge/Freezer, Double Radiator. Double Glazed Door to Balcony & Garden. Double Glazed Window Overlooking Garden.

Downstairs Shower Room/Cloakroom: - Walk in Shower, Villeroy & Boch Oval Wash Hand Basin with Villeroy & Boch Mixer Taps and Cupboard Beneath, Low Flush Villeroy & Boch WC. Double Glazed Frosted Window. Porcelain Floor & Wall Tiles.

Bedroom 1: - 5.46m x 3.68m (1711 x 121) - Fitted Wardrobes, Double Glazed Georgian Style Bay Window to Front, Double Radiator.

Bedroom 2: - 4.75m x 3.68m (157 x 121) - Modern High Quality Fitted Wardrobes, Matching Fitted Dressing Table, Double Radiator. Double Glazed Window to Rear Overlooking Garden and Enjoying Attractive Views.

Outlook To Rear: - Attractive View From Bedroom 2.

Bedroom 3: - 3.71m x 3.05m (122 x 100) - Double Glazed Georgian Style Window to Front, Eaves Storage, Large Run of Fitted Wardrobes, Double Radiator.

Bedroom 4: - 4.11m x 2.62m (136 x 87) - Double Glazed Window to Rear Overlooking the Garden, Double Radiator.

Very Large Landing/Useful Space: -

First Floor Landing: Pic. 1 - Showing Extra Area Which is Useful as a Play Area, Study, or for Music/Piano.

First Floor Landing: Pic. 2 - Also Showing How it Connects to Bedroom 4 Which Could be Enlarged Quite Easily.

Luxury Family Bathroom: - 3.20m x 2.44m (106 x 8) - Oval Bath with Crosswater Waterfall Mixer Tap, Villeroy & Boch Wash Hand Basin with Crosswater Waterfall Mixer Tap, Darryl Aroco Walk in Shower, Low Flush Villeroy & Boch WC. Porcelain Floor & Wall Tiles, 2x Chrome Heated Towel Rails, Double Glazed Frosted Window.

Balconyl -

Steps Down To Garden Level: -

Rear Garden: Pic. 1 -

Rear Garden: Pic. 2 -

Rear Elevation Of Property: - Showing How The Property Has Been Extended on the First Floor, as well as Access to the Cellar Rooms.

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

£ 993950

Mortgage Loan to Value

%

Gross Yield

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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
    £ 30000
  • 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

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£

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

£ 93950
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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