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£895,000 Guide Price
Bedrooms
Bathrooms
A Unique New Development of Just 6 Luxury Executive Detached Country Houses, Ideally located in a new private cul-de-sac in the centre of Nazeing Village. These deceptively spacious homes provide bright and spacious luxury accommodation presented to a high specification over three floors. Accommodation includes : A Large Entrance Hall, Living Room with built in Log Burner, 25 Open plan Kitchen/Dining/Family Room, Ground Floor Cloakroom, Three Double Bedrooms plus Bedroom 5/Study on the First Floor, Three Bath/Shower Rooms (Two En-Suites) and a 227 Master Bedroom Suite on the top floor, with Velux Balcony over looking neighbouring countryside. The rear gardens are generously proportioned and will be mainly laid to lawn with large paved patio/bbq and seating areas. Each property provides Off Road Parking and an Electric Vehicle Charging Point. This unique development is very nearly complete, the private road will be block paved on completion, and there are now only 5 HOUSES REMAINING. Nazeing is a popular village providing a number of shops, a highly regarded primary school, and a friendly local public house. Broxbourne Mainline Railway Station with its fast and frequent service into London Liverpool Street is approximately 2 miles.
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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