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1 Hadley Parade, High Street, Barnet
£2,000,000 Offers in excess of
Bedrooms
Bathrooms
''' CHAIN FREE ''' We are delighted to offer for sale as sole agents this stunning detached family home that has been created by the current vendors to provide just over 3,100 square feet of accommodation.
The property offers bright and spacious rooms that have been thoughtfully arranged over 3 levels and comprises a large welcoming entrance hall, 2 generous reception rooms, a fabulous kitchen/breakfast room with central island and open entrance to the conservatory, utility room, guest w.c, a stunning master bedroom suite with floor to ceiling windows, a fitted dressing room and luxurious en suite, 3 further double bedrooms (1 with en suite) and a family bathroom. A wonderful cinema room/bedroom 5 with eaves storage spans the entire top floor and enjoys far reaching views across open fields.
Externally there is a south facing rear garden measuring 83 x 4811 with plunge pool and raised terrace areas perfect for al fresco dining and the security gated frontage provides off street parking for several vehicles.
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.
1 Hadley Parade, High Street, Barnet
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