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£1,450,000 Guide Price
Bedrooms
Bathrooms
Offered for sale is this lovely spacious detached executive home within a private gated development of just eight luxury detached houses. This prestigious development, built in 2022 is sited on the outskirts of Shenley in a quiet and secluded location, yet easily accessible to major roads, Shenley Village, sought after schools and other local amenities.
This sustainable home with a reduced carbon footprint offers over 2500 square feet of living space with four double bedrooms, three bathrooms (including two ensuites), and extensive downstairs living space comprising spacious entrance hall, wc, a large open plan kitchen, dining and living area with separate utility room and two additional reception rooms. The property also benefits from a garage and driveway.
Immediate viewing is strongly recommended.
Please note there is annual service charge of around 1000.
EPC Rating: B
Entrance Hall -
Downstairs Wc -
Study/Playroom - 4.65m x 2.79m (153 x 92) -
Lounge - 6.12m x 4.52m excluding bay window (201 x 1410 e -
Kitchen/Dining/Living Area - 9.19m x 7.21m at max points (302 x 238 at max po -
Utility Room - 2.79m x 1.93m (92 x 64) -
Landing -
Master Bedroom - 4.50m x 4.19m excluding wardrobes (149 x 139 exc -
En-Suite Shower Room -
Bedroom Two - 4.52m x 3.56m (1410 x 118) -
En-Suite Shower Room -
Bedroom Three - 4.75m x 4.52m at max points (157 x 1410 at max p -
Bedroom Four - 4.04m x 2.97m (133 x 99) -
Family Bathroom -
Rear Garden -
Garage & Driveway - Detached single garage with driveway for 2 cars in front.
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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