5 bedroom detached for sale

£1,350,000

5

Bedrooms

2

Bathrooms

Floorplan

A Larger Than Average & Professionally Extended DETACHED & DOUBLE-FRONTED HOUSE FACING OAKWOOD PARK WITH A CARRIAGE DRIVEWAY & DOUBLE LENGTH INTEGRAL GARAGE WITH OWN DRIVE. There are 4 Bedrooms & 2 Bathrooms + Dressing Room. The Master Bedroom Bedroom Suite Consists of a Large Bedroom, Dressing Room/Possibly Bedroom 5, and an En Suite Bathroom. There is a Balcony Accessed from Bedroom 3 with Views Over Oakwood Park.
On the Ground Floor there is an Impressive Reception Hallway, Very Spacious & Rather Palatial Through Lounge, TV Room, Fitted Kitchen/Diner with Granite Worktops & Utility Room. There is Also a Utility Room & Downstairs Cloakroom. The Rear Garden is Establishes with Large Patio Area & Lawn, Plus Flower Beds and a Mature Palm Tree. There is Scope for Further Extension - Subject to Usual Consents.
This Property Has Great Street Appeal, with Open Outlook and Easy Access to Oakwood Park. It is also in the Catchment for Very Popular Schools; Eversley Primary School, Grange Park Primary, Merryhills Primary & Highlands Secondary School. There is a Small Local Shopping Parade, with Sainsburys Further Along, Whilst in the Opposite Direction there is Oakwood Tube Station, Further Shops & Trent Park. Also on the Borders with Winchmore Hill.

Reception Hallway: Pic. 1 - 4.88m x 4.29m (16 x 141) - An Amazing Reception Hallway to Meet & Greet Your Family & Friends, Approached Via a Pillared Canapy and an Entrance Vestibule. Wide Wooden Panelled Door with Glazed Side Panels, 2 Useful Cupboards, Porcelain Flooring, Doors to Through Lounge, Fitted Kitchen and Downstairs Cloakroom. Open Archway to TV Room.

Reception Hallway: Pic. 2 - Different Aspect of Reception Hallway. Cornicing and Ceiling Rose.

Through Lounge: Pic. 1 - 9.82 x 4.63 (322' x 152') - A Magnificent and Rather Palatial Through Lounge with 2 x Fireplaces with Marble Insets & Hearths, Harmony Oak Strip Flooring, Concealed Radiators, Cornicing.

Through Lounge: Pic. 2 - Showing Lounge Area with Double Glazed Window Overlooking Rear Garden, Plus Further Double Glazed Window. Wall Light Points.

Through Lounge: Pic. 3 - Showing Dining Area with Large Double Glazed Leaded Light Window to Front, Wall Light Points.

Tv Room: - 4.6 x 2.28 (151' x 75') - A Very Useful Additional Room that Could Also be Used as a Playroom or Study. Double Glazed Leaded Light Window to Front, Large Concealed Radiator. Porcelain Flooring.

Fitted Kitchen/Diner: - 5.48 x 4.58 (1711' x 150') - Well Fitted with Ample Floor & Wall Units, Granite Worktops, Range Cooker, Integrated Appliances. Ample Space for a Dining Table, Double Glazed Window Overlooking Rear Garden, Double Glazed Door to Garden, Door to UTILITY ROOM.

First Floor Landing: - Bright & Spacious with Concealed Radiator, Access to Loft, which is also Suitable for Conversion - Subject to Usual Consents. Access to Master Bedroom Suite, All Other Bedrooms & Family Bathroom.

Master Bedroom Suite: - 4.67 x 4.00 (153' x 131') - Attractive Master Bedroom with Large Leaded Light Double Glazed Window to Front Overlooking Oakwood Park, Radiator, Archway to:

Dressing Room En Suite/Poss. Study/Bedroom 5: - 4.00 x 3.38 (131' x 111') - Double Glazed Leaded Light Window to Front Overlooking Oakwood Park, Ample Fitted Wardrobes, Some with Mirrored Doors, Door to:

En Suite Bathroom - 3.80 x 2.12 (125' x 611') - Panelled Bath, Low Flush WC., Separate Walk in Shower. Double Glazed Window to Rear. Fully Tiled Walls. Fitted Mirror with Lights.

Bedroom 2: - 4.30 x 3.76 (141' x 124') - Fitted Wardrobes, Double Glazed Window to Rear, Overlooking Garden, Radiator.

Bedroom 3: - 4.42 x 2.95 (146' x 98') - Fitted Wardrobes with Recess for Bed, Large Leaded Light Window to Front Overlooking Oakwood Park, Radiator. Double Glazed Door to TERRACE & BALCONY.

Bedroom 4: - 3.34 x 2.10 (1011' x 610') - Fitted Wardrobe Unit, Double Glazed Window to Rear, Radiator.

Family Bathroom: - 3.33m x 2.31m (1011 x 77) - Panelled Bath with Mixer Taps and Shower Attachment, Separate Walk in Shower, Low Flush WC., His & Hers Wash Hand Basins with Mixer Taps and Cupboards Beneath. Fully Tiled Walls. 2 x Double Glazed Windows. Radiator.

Rear Garden: - 20.00 x 13.67 (657' x 4410') - Rear Garden, Mainly Laid to Lawn, Very Large Patio Area, Mature Trees, Shrubs and 2 Palm Trees. Flower Borders.

Rear Elevation Of Property: - Showing Full Width of the Property.

Covered Bbq Area & Access To Garage From Rear: - Also Access to Garage.



Features
  • Freehold

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

£ 1125200

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
    £ 33750
  • 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

£ 112700
  • Mortgage Interest
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    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)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

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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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Final Property Value

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