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£2,199,950
Bedrooms
Bathrooms
Nestled in the prestigious area of Richings Park, The Poynings in Iver presents a remarkable opportunity for discerning buyers. This impressive detached house boasts a generous living space of 3,322 square feet, offering ample room for both relaxation and entertainment.
One of the standout features of this property is the approved planning permission for the construction of two new detached houses measuring 284 SQM (3056 SFT) each (planning reference: PL/24/1384/FA), making it an enticing prospect for those looking to invest or develop further. The plot is 95 meters wide and the rear garden measures 46 meters in length. Both front and rear aspects overlook Green Fields.
The location is particularly advantageous, as it is within walking distance to the Elizabeth Line, providing excellent transport links to London and beyond.
Richings Park is renowned for its tranquil surroundings and community spirit, making it an ideal setting for families and professionals alike. The spacious layout of the current house allows for a variety of living arrangements, ensuring comfort and convenience for all residents.
This property not only offers a splendid home but also presents a unique investment opportunity in a sought-after area. With its prime location and for development, The Poynings is a rare find in todays market. Do not miss the chance to explore the possibilities that this exceptional property has to offer.
Local Authority: Buckinghamshire Council
Council Tax Band: G
Planning Reference: PL/24/1384/FA
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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