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£6,950,000
Bedrooms
Bathrooms
The Beeches at Leggatts Park is one of the most exclusive residential addresses in Hertfordshire. The original Leggatts Park was built in the early 19th Century and is now replaced with five spectacular country homes each set within substantial grounds, retaining much of the established landscape and offering a unique level of seclusion and privacy. Leggatts Park is set within 50 acres of idyllic private countryside.
From the main entrance, gatehouse and concierge, The Beeches is approached via an American redwood tree lined avenue of just under half a mile, and sits behind its own private electric gates.
The Beeches is a magnificent Georgian style mansion of around 8,000 sq ft set centrally within Leggatts Park and enjoys a plot of around 7.75 acres.
Location:- Leggatts Park is a spectacular location just two miles from junction 23 and 24 of the M25, offering access to the A1M and motorway network and Luton, Stanstead, Heathrow, London City and Gatwick Airports. Leggatts Park is only one mile from Potters Bar Station with main line services to Kings Cross from 15 minutes. Cockfosters and High Barnet underground stations are also within reach.
Many large towns, including Potters Bar, Hertford and Barnet are in the vicinity along with a wide range of sporting facilities which include Brookmans Park Golf and Tennis Club and the Furzefield Sports Centre. There is also an excellent choice of schools including Stormont, Lochinver House, Haileybury, Queenswood and Dame Alice Owens.
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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