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1 Hadley Parade, High Street, Barnet
£2,100,000 Offers in excess of
Bedrooms
Bathrooms
Nestled within a quiet and sought-after gated close, this fabulous, well presented detached residence presents a rare opportunity for a discerning buyer. Boasting 5 generously-sized bedrooms, a large loft room/bedroom 6, 4 reception rooms plus a study and 3 bathrooms, this property exudes an inviting and homely atmosphere. The well-maintained interiors offer ample living space, ideal for both relaxing and entertaining. The property features a delightful wrap around garden, perfect for enjoying outdoor activities or simply unwinding in the fresh air. Additionally, a conservatory provides a tranquil space to enjoy the surrounding natural beauty. For those with multiple vehicles or in need of extra storage space, a double garage and large driveway are convenient and practical features. This secluded residence offers a perfect blend of privacy and convenience, making it an ideal choice for those seeking a peaceful yet well-connected lifestyle.
Situated in the prestigious and sought-after North-London area of Arkley, central London can be reached within thirty minutes by car. A number of nearby train stations include Totteridge, Mill Hill and Barnet. Lynford Close is also within 5 miles of both the M1 and M25 motorways providing easy access to all of Londons airports. Schools including Haberdashers Askes, Mill Hill, Dame Alice, Aldenham, Belmont, Lochinver and Queen Elizabeths provide top class education in the area. Many schools operate their coach service through Arkley.
Local Authority: Barnet
Council Tax band: H
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.
1 Hadley Parade, High Street, Barnet
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