Coopers Lane, Northaw, Hertfordshire, EN6

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Available / For Sale

6 bedroom detached for sale

£6,950,000

6

Bedrooms

5

Bathrooms

Floorplan

Fine Gentlemans Grade II listed Georgian residence in parkland setting of approximately 6.33 acres. This outstanding property offers approximately 8,647 sq ft of accommodation including swimming pool and self-contained apartment.

This superbly appointed and well-maintained residence comprises of six reception rooms, six bedrooms, five bathrooms, beautiful Eggersmann kitchen with Taj Mahal stone island, eucalyptus veneer cabinets leading to kitchen walled garden, swimming pool, entertaining pavilion and a self-contained one bedroom apartment with lounge, kitchen and bathroom.

The double opening automated security gates give access to the sweeping circular carriage drive and landscaped front garden with ornate fountain, giving access to the portico entrance of this Grade II listed Georgian residence.

There is an outside heated pool with extensive terracing, barbecue area and an entertaining pavilion. The property is set within circa 6.33 acres of delightful private landscaped gardens and grounds.

Springfield is set in the village of Northaw, a pretty village set within open countryside yet only around 10 minutes from the larger town centres of Potters Bar and Cuffley. The house is well situated for excellent local amenities as well as communications including road, rail and air. Comprehensive shopping and recreational facilities can be found at nearby Potters Bar and Cuffley. Cuffley station is within 1.5 miles and provides a frequent commuter train service to Moorgate, taking approximately 33 minutes. Potters Bar train station is within 2 miles, providing a fast train to London Kings Cross, taking around 16 minutes. Communications by road are excellent with the M25 being within 3 miles, providing fast access to London and London Heathrow Airport. The A1M is within around about 5 miles. London Luton Airport, with its excellent private jet facilities, is around 20 miles away, with Heathrow being within 40 miles and Stansted around 31 miles. London City airport is also only 29 miles away. Highly respected schools in the area include Stormont girls preparatory school, Queenswood girls school, Haileybury, St Albans High School, St Albans School, Lochinver House boys school, Dame Alice Owens School and Haberdashers. There are a number of championship golf courses in the area including Brookmans Park Golf Club, Brickendon Grange, Mid Herts and Brocket Hall, with the renowned Auberge du Lac restaurant. Northaw is a highly desirable village with convenient access to leading private schooling, motorway links, restaurants, and train stations at Potters Bar and Brookmans Park.

Local Authority: Welwyn & Hatfield
Council Tax Band: H
Tenure: Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 6134200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 173750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 921700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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