5 bedroom detached for sale

£1,395,000

5

Bedrooms

4

Bathrooms

Floorplan

A traditional 1930s family home in this popular location on the West side of Kings Langley, within a short walk of the High Street, Common and Schools. The accommodation is substantial and well laid out, with an abundance of character features throughout, including parquet flooring, fireplaces and leaded stained glass windows.

The ground floor offers plenty of living space and briefly comprises a welcoming entrance hall with guest W/C and coat cupboard, formal dining room with box bay window and a formal sitting room which leads through to a fantastic living area and snug space with panoramic views of the garden. There is also a kitchen/diner fitted in a contemporary white finish with plenty of storage and worktop space, as well as a breakfast bar and a number of integrated appliances.

The bespoke wooden staircase leads you to the first floor galleried landing. From here, there is access to 5 double bedrooms, 3 of which benefit from access to their own en-suites, as well as a further family bathroom. The bright and airy master bedroom is a spacious, dual aspect room and has a range of integrated wardrobes, whilst bedroom 2 benefits from a Juliet balcony overlooking the garden.

Externally, the rear garden is an attractive and particularly private space measuring almost 200ft in length. Predominantly laid to lawn, it also boasts mature borders and a patio area flowing out from the house, with an awning to provide shelter from the sun. To one side of the house there is a covered side entrance and car port with traditional barn doors at the front, giving you full security. The carriage driveway itself offers parking for numerous vehicles, whilst also giving access to the double garage with electric door that provides excellent storage or potential to convert in to further living space (STPP).

Viewing is highly recommended to appreciate the charm and future potential that this rarely available, long term family home offers.


EPC Rating: D

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

£ 1164575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 34875
  • 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

£ 118325
  • 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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