6 bedroom detached for sale

£4,500,000

6

Bedrooms

5

Bathrooms

Floorplan

'' CHAIN FREE '' An impressive, detached family home located in a highly sought after address in the heart of Totteridge Village in a peaceful setting, with fabulous views overlooking Totteridge Green.

The property is approached via a private road behind gates and is immaculately presented throughout with high quality finishes and offers superb accommodation perfect for modern day family living and entertaining on a grand scale.

This exceptional home offers lateral living, with the versatility of first floor accommodation, which could also be used as an Annex.

The ground floor presents an inviting layout; you are greeted by an impressive and spacious Reception Hallway which leads into a bright and well-proportioned Lounge and Garden Room both of which have views and access to the private Southwest facing garden with heated swimming pool. There is a well-appointed, Poggenpohl Kitchen/Breakfast Room, Dining Room, and Guest Cloakroom. Adjacent to the Kitchen is a Utility room with internal access to the Triple Garage.

The Principal Bedroom suite features a walk in dressing room, impressive en suite bathroom with large bath and walk-in shower, there are three further double bedrooms, all having en suite bathrooms on the ground floor.

A staircase leads to the first floor where there are two further well-proportioned bedrooms along with a family bathroom to complete this floor.

Other features include bespoke Maple doors and architraves and air conditioning.

The Southwest facing rear garden must be seen to appreciate the privacy and seclusion it offers and is framed by a selection of mature shrubs and trees. It features a heated swimming pool and a meticulously maintained lawn with patio/terrace, perfect for entertaining.

The front of the property stands behind a screen of mature shrubs and is beautifully landscaped, with a generous driveway providing parking for numerous vehicles that leads to a Triple Garage.

The house is situated within easy reach of Totteridge Underground station (Northern Line), Oakleigh Park and Mill Hill Broadway Mainline stations are also nearby as is Whetstone shopping centre, which includes Waitrose, Boots, Marks & Spencer and many individual boutiques and restaurants. The property is well located for travel by road being close to the M25, A1(M) and M1. The surrounding area offers a wide choice of excellent schools including Mill Hill, North London Collegiate, QE Boys and Girls and Haberdashers Aske.

Council Tax: H
Local Authority: Barnet
Tenure: Freehold



Features
  • Freehold

Map location is not available for this property.

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

£ 3941450

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
    £ 112500
  • 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

£ 566450
  • 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

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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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