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£685,000 Guide Price
Bedrooms
Bathrooms
Coming to the market for the first time in over 10 years, this modern and energy-efficient family home is in an enviable and convenient location just a short walk to the famous Cassiobury Park and within easy reach of both Grammar Schools and the plethora of amenities of the Town Centre. Watford Met Line Station and Watford Junction Station are both less then 0.7 miles away.
The property has been extremely well-maintained since construction in 2009 and offers well-laid spacious accommodation comprising 115 sq m (1235 sq ft). Energy efficiency is excellent with an EPC rating of C. Further benefits include an easy to maintain rear garden with patio area, allocated parking to the front including EV Electric Vehicle charging and bike store. There is also a number of visitor parking spaces in the communal grounds.
All three bedrooms are DOUBLES and the master bedroom is comfortably accommodating a KING SIZE bed plus a full range of quality cupboards.
GROUND FLOOR
Hallway
Living dining room 195 x 149 (5.91m x 4.50m) max
Kitchen 109 x 72 (3.27m x 2.18m) max
Cloakroom /WC
Stair to FIRST FLOOR
Bedroom 2 149 x 117 (4.50m x 3.52m) max
Bedroom 3 149 x 810 (4.50m x 2.70m) max
Family bathroomComprising panelled bath, separate shower cubicle, wash basin and low level WC
Stairs to TOP FLOOR
Master bedroom 210 x 115 (6.42m x 4.48m) max into the eaves. Range of fitted wardrobes. Loft access.
Ensuite bathroomcomprising panelled bath, wash basin and low level WC.
EXTERNAL
Rear garden
Parking bay to the front. EV charging point. Bike storage facility for residents.Visitor parking bays to the communal areas
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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