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£2,400,000
Bedrooms
Bathrooms
This wonderful detached residence located behind electric security gates offers circa 3700 sq. ft of luxurious, stylish and versatile accommodation arranged over three floors.
The ground floor comprises a welcoming galleried reception hallway, a wonderful open plan kitchen/family room with a separate utility room, 2 generous reception rooms, an office, a guest cloakroom and an integral double garage which is currently used as a gym.
On the first floor there is a fabulous principal bedroom suite with dressing room and en suite, three further bedrooms, two of which have en-suite facilities and a luxurious family bathroom.
The second floor has a further bedroom with an en-suite and walk in wardrobe and a fabulous 42 cinema/games room which could also be utilised as another bedroom if required.
The fabulous south facing rear garden has a large paved seating area ideal for outdoor entertaining with the remainder laid mainly to lawn. The frontage is approached via electric security gate and is laid mainly to paving and provides ample off street parking as well as access to the garage/gym.
Hanyards Lane is a private road situated off the Cuffley/Northaw Ridgeway on the outskirts of Cuffley and offers a blend of village living, with the City in sight. This charming country location offers tranquillity every day, yet central London is easily accessible with excellent rail and road connections. Cuffley mainline station offers a direct service into the City (32 mins to Moorgate), whilst 10 mins away Potters Bar Bus station will take you into Kings Cross in 16 mins, making even a daily commute comfortable.
Sitting just north of the M25, Hanyards Lane also gives quick access to many major arterial roads. A number of top schools are within a small radius of Cuffley. Renowned private schools include St Johns Preparatory/Senior, Queenswood, Lochinver House and Stormont Preparatory in addition to a good selection of state schools. Northaw Great Wood, 300 acres of woodland, is moments away.
Council Tax Band: H
Local Authority: Welwyn & Hatfield Borough Council
FREEHOLD
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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