Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
12 Tiller Road, Docklands
£749,995
Council tax band: TBC
Jack Barclay Estates offers this rare opportunity to acquire a plot of land covering approximately 9.5 acres in this highly sought-after location. The lot comprises areas of clear scrubland, and diverse tree species, offering a range of possibilities for immediate use. The site is accessed via a wide right of way (which is not currently constructed), but buyers will be entitled to lay services across it. It should be noted that the existing barn structure may provide a foundation for development plans, however, the land is sold on an unconditional basis and buyers should conduct their own research into any potential development opportunities.
The location is a desirable area to the west of Barnet near the popular Arkley golf club. The land is conveniently accessed via a right of way off Rowley Lane and is bordered by residential properties along Windmill Lane to the south. The location boasts a variety of private schools and equestrian facilities and excellent transport links, with High Barnet underground station just 2.5 miles to the east and the centre of Elstree to the west. In addition, the A1 Barnet Bypass is situated less than a mile to the west, providing easy access to the M1 Motorway and Brent Cross to the south.
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.
12 Tiller Road, Docklands
The Property has been saved to your favorites
/ 5
It's quick and easy
