4 bedroom bungalow for sale

£1,395,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

Westwood Leber are delighted to bring to the market this incredible, ultra-modern new build home, nestled in a distinguished location in Broxbourne. This property offers one of the most unique and stylish living experiences available locally, with accommodation approaching 3,000 square feet, set on a truly exceptional hidden plot.

Occupying an expansive, south-facing quarter-acre plot, this one-of-a-kind home is accessed via a private, gated entrance guaranteed to impress with its sleek and contemporary design. The developers have spared no expense in creating a home that is not only architecturally stunning but also internally magnificent.

The accommodation will comprise four bedrooms: two generous doubles, a well-appointed guest suite with en-suite and dressing area, and an exceptional principal suite featuring its own dressing room, a luxurious en-suite bathroom, and bi-folding doors opening onto a beautifully landscaped side garden.

At the heart of the home lies a breathtaking open-plan kitchen/living/dining area, elegantly divided by a striking feature fireplace. The bespoke kitchen will be fitted with premium appliances and crafted using only the highest quality materials, including designer flooring throughout. A further set of bi-folding doors seamlessly connects the living space to the main garden, enhancing the indoor-outdoor living experience.

Additional features include a spacious front-facing study (which could also serve as a fifth bedroom), a utility room, a separate WC, and ample storage throughout.

Currently under construction, the property is due for completion by the end of 2025. For more information or to arrange a site visit, please contact the team today.

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

£ 1164575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 34875
  • 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

£ 118325
  • 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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