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£4,000,000 Guide Price
Bedrooms
Bathrooms
Hillside is a substantial gated new home offering superb accommodation across three floors. This imposing home stands on a good size plot accessed via a sweeping drive down towards the house where it opens out across the entire width of the property giving space to park or utilise the double garage.
As you enter, one is met with an impressive central entrance hall saturated with natural light gained from the glass-domed ceiling and spiral glass staircase leading to the first and second floor landings. Double doors from the entrance hall lead into a spacious kitchen/breakfast/dayroom which benefits from a bespoke fitted kitchen with feature Lacanche range cooker and a separate work surface island. French Doors lead out onto the rear walled patio as they do also from the connecting formal dining room.
The main lounge sits to the front enjoying a bay window overlooking the front lawn, a further reception room offers the choice for an office or childs playroom. The ground floor accommodation is complimented by a cloakroom and walk-in storage room.
The spacious landing leads to four double bedrooms, all with en-suite rooms and walk-in wardrobes. The spiral staircase continues to the second floor with double doors into the principal bedroom with dressing room en-suite. The second floor accommodation is complete with two further bedrooms (one currently set up as a cinema) sharing a Jack and Jill shower room.
Outside provides a secluded and private space, lawns are laid to both sides from the top of the drive down to the house. The lawn rises to both sides of the house which provides an elevated view of the property over the wrought iron railings that continue to the rear of the property overlooking the patio. The lawn continues to the rear boundary which is protected by a wooded area beyond the boundary. Steps lead down to the patio and the rear of the property, creates a completely private area for relaxation and entertaining.
Located to the south-east side of Bushey Heath, Hillside stands on one of the premier roads is in an ideal position for Bushey High Street which has a variety of shops and restaurants with good access to major road and rail links, giving options to Bushey station on the West Coast Mainline, Stanmore underground station which is the terminus on The Jubilee Line. The A41 is approximately 0.5 miles away giving a direct route into London city centre and to the M25 at junction 21 and junction 21A. An additional benefit is the proximity to Elstree Aerodrome which is approximately 2 miles away. Hartsbourne Golf and Country Club is a short distance away.
Local Authority:
Hertsmere Borough Council
Council Tax Band: H
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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