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£3,250,000
Bedrooms
Bathrooms
This wonderful 6/7 bedroom detached residence is situated on a substantial plot in one of Brookmans Park most desirable locations. Boasting circa 5300 sq ft of versatile and luxurious accommodation arranged over three floors. Planning permission was previously given (now lapsed) for a large rear extension, leading from the house which could accommodate an indoor pool if required. This incredible property boasts 7 bathrooms, modern spacious reception rooms, fabulous super room incorporating modern kitchen and family room, carriage driveway offering off street parking for several cars and allowing access to the integral garage and a truly spectacular rear garden which extends uniquely onto its very own large private woodland.
Brookmans Park is widely regarded as one of the most desirable places to live in Hertfordshire with its village atmosphere, semi-rural location and unique homes. The larger towns of Potters Bar, Welwyn Garden City and St Albans are within close proximity, offering an array of shopping and leisure facilities. Conveniently situated within easy access of Brookmans Parks village shops, catering for day to day needs, the mainline rail station serving Londons Moorgate and Kings Cross Stations (approximately 19 minutes) via Finsbury Park and an excellent selection of local schooling including Brookmans Park primary and Chancellors secondary schools and Queenswood and Lochinver House in the private sector.
Local Authority:
Welwyn & Hatfield Council
Council Tax Band: G
FREEHOLD
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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