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£950,000 Offers in excess of
Bedrooms
Bathrooms
This contemporary four bedroom detached chain free property which was constructed in 2006 by Crest Nicholson occupies a corner plot within this secure gated environment set within a beautiful location overlooking local green belt. Providing over 1700 sq ft of accommodation planned over two floors. This family home offers a superb balance between living and bedroom accommodation. The property features a double length vaulted garage which could easily be converted subject to planning permission to create further reception space or alternately a gym or playroom. Further features include a spacious intercommunicating reception room and living room, a well proportioned kitchen/dining room and guest WC. The first floor provides a principal bedroom suite, three further bedrooms and a family bathroom. Externally the property provides a private driveway and to the rear lawned garden. This property is being sold with no forward chain.
Situation
This attractive development is conveniently located for all of the local amenities of Stanmore, abutting Stanmore Common and offering excellent transport facilities with links to London and the north with Stanmore Station (Jubilee line) underground station and the M1, M25 and A41 all located nearby. Sporting and recreational facilities are very well catered for in the area with Stanmore cricket and golf clubs situated particularly close by, together with sailing at Aldenham Country Park, together with numerous fitness centres. There are also a number of excellent private and state schools in the vicinity.
Property Ref Number:
HAM-21930Map 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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