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1 Hadley Parade, High Street, Barnet
£2,195,000
Bedrooms
Bathrooms
Situated in Sunset View, one of High Barnets premier locations we are delighted to offer for sale this substantial 4 bedroom detached, family home with a wonderful garden backing on to Old Fold Manor Golf Course.
This stunning home as been extensively remodelled and extended by the current vendor and provides bright and spacious, high specification accommodation throughout.
The property comprises a welcoming entrance hall, a guest w.c, a fabulous large open plan family/dining room with 2 sets of sliding doors onto the rear garden with a stunning contemporary kitchen area with central island and a separate utility room. a further reception room and a ground floor bedroom with en suite shower room. On the first floor there is a large principal bedroom with balcony and stairs to a private dressing room and contemporary en suite bathroom, 2 further double bedrooms with a shared shower room.
The property has a large frontage offering off street parking for several cars along with a double garage. It also benefits from a wonderful private, well maintained rear garden with large sun terrace, far reaching views across the golf course and side acess gates.
Situated in this enviable location within walking distance to the The Spires shopping centre, Waitrose, 2 golf clubs, Hadley Common, local schools and High Barnet Tube station (Northern Line). New Barnet over ground station is a short bus ride away. High Barnet has many renowned and highly regarded schools such as Foulds, Queen Elizabeth Girls and Queen Elizabeth Boys.
Local Authority: Barnet
Council Tax band: G
Tenure: 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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