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£8,750,000 Offers in excess of
Bedrooms
Bathrooms
Highwood Lodge is an exceptional residential estate remarkably positioned just 9 miles north of Central London. This property offers the unique combination of country living within a London postcode.
It features a superb unlisted manor house interior designed as a country house, surrounded by formal gardens and accessed through a private tree-lined drive. In addition, the estate comprises 5 cottages and flats, an indoor swimming pool, a pool house, and a tennis court. The impressive equestrian facilities include 14 loose boxes, accommodation for grooms, a horse-walker, 8.7 acres of pasture paddocks, in total extending to 15.86 acres.
The property is situated in the desirable and affluent neighbourhood of Mill Hill in North London. Nestled within a picturesque countryside setting, offering a sense of tranquillity and privacy while benefiting from the amenities and excellent transport links of London. Mill Hill Village exudes a traditional village ambiance, complete with a village green and a local cricket club. The main shopping area, known as the Broadway, bustles with independent shops and restaurants. The property is conveniently located approximately 1.4 miles from Mill Hill Broadway Overground Station, which provides Thameslink services to St Pancras in under 30 minutes and to Luton International Airport in under 40 minutes. Additionally, it is approximately 2.2 miles from Mill Hill East Underground Station, granting access to central London (9 miles) via the Northern line within 45 minutes. The A1 and M1 highways provide routes to the north, while the A1 and A41 connect southward to central London. Schools in the vicinity are highly regarded and offer excellent educational opportunities. They include Mill Hill School, Belmont, Grimsdell, the Mount, Eton College, Harrow, St Pauls School, and Westminster School.
Local Authority: London Borough of Barnet
Council Tax Band: H
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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