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£1,030,000 Guide Price
Bedrooms
Bathrooms
This spacious and well-presented detached house is located on a quiet private section of the highly sought-after Nicholas Road in the heart of Elstree Village. Upon entering, you are welcomed into a generous living/dining room, which offers direct access to a sunny aspect rear garden, creating a seamless indoor-outdoor flow. The ground floor also features a kitchen/breakfast room, a guest cloakroom, and ample storage throughout.
Upstairs, the property includes four double bedrooms, with a large principal bedroom benefiting from an en suite bathroom. A family bathroom serves the remaining bedrooms.
The integral garage, currently used as a utility room, provides the potential to be converted into an additional reception room or downstairs bedroom, subject to planning permission.
Outside, the property offers a well-maintained, private rear garden and a block-paved driveway with off-street parking for multiple vehicles.
Located just a 15-minute walk from the town and station, the property is close to local amenities, including the Boulevard Shopping Park, High Street, cinema, swimming pool, library, gym, and a variety of houses of worship. Elstree and Borehamwood Station offers direct links to Central London, making this an ideal family home in a sought-after location.
Entrance Lobby - Hardwood partly frosted glazed security entrance door, lighting, wood flooring, door leading to garage, doors leading to
Hallway - Wood flooring, CH radiator, coat cupboard, spotlighting, wrap around stairs to first floor landing, doors leading to
Downstairs Wc - Tiled flooring, fully tiled walls, UPVC double glazed frosted window to the side, low flush WC, heated towel rail radiator, wash hand basin with mixer tap set in vanity unit, spotlighting.
Kitchen - 3.63m x 3.48m (1111 x 115) - Tiled flooring, mostly tiled walls, UPVC double glazed window to the front, range of fitted units both wall mounted and base, ample work surface area, one and a half bowl sink unit with mixer tap, integrated oven, four ring gas hob, spotlighting, sockets, CH radiator, UPVC double glazed frosted door to the side, space for dishwasher, space for fridge/freezer.
Tv/Family Room - 4.19m x 2.87m (139 x 95) - Carpeted flooring, UPVC double glazed window to the rear, Virgin point, sockets, CH radiator.
Lounge/Dining Room - 6.73m x 4.85m (221 x 1511) - Carpeted flooring, two CH radiators, spotlighting on dimmer switch, UPVC double glazed French doors to the rear garden, two UPVC double glazed windows to the rear, sockets,
First Floor Landing - Carpeted flooring, UPVC double glazed window to the side, access to loft, CH radiator, sockets, large storage cupboard, doors leading to
Family Bathroom - Tiled flooring, tiled walls, wash hand basin with mixer tap, deep panel bath, heated towel rail.
Master Bedroom - 4.57m x 4.45m (15 x 147) - Carpeted flooring, UPVC double glazed window to the rear, spotlighting on dimmer switch, CH radiator, sockets, TV point, fitted mirrored wardrobes spanning one wall, door leading to
En-Suite Bath/Shower Room - Tiled effect flooring, tiled walls, UPVC double glazed window to the side, deep panel bath with mixer tap and hand held shower attachment, His n Hers wash hand basins with mixer taps, fitted storage cupboards, fully tiled and enclosed shower cubicle with temperature and power setting, heated towel rail., low flush WC, shaver point, spotlighting, bidet.
Bedroom 2 - 4.45m x 3.30m (147 x 1010) - Fitted wardrobes spanning one wall with built in drawers and dressing table, UPVC double glazed window to the front, sockets, spotlighting, carpeted flooring.
Bedroom 3 - 3.91m x 3.33m (1210 x 1011) - UPVC double glazed window to the front, CH radiator, carpeted flooring, fitted wardrobes spanning most of one wall, sockets.
Bedroom 4 - 3.40m x 3.33m (112 x 1011) - Carpeted flooring, UPVC double glazed window to the rear, CH radiator, sockets, fitted wardrobes and shelving.
Rear Garden - Large patio area, laid to lawn, side gates to both sides giving access to the front of the property, surrounding shrubbery and borders.
Front Garden - Driveway giving parking, laid to lawn, side gates on both sides giving access to the rear garden, access to garage
Garage - 5.00m x 2.57m (165 x 85) - Up and over door, fitted units, space and plumbing for washing machine, space for tumble dryer, lighting, sockets.
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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