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£1,350,000 Guide Price
Bedrooms
Bathrooms
Westwood Leber are delighted to bring to the market this outstanding five-bedroom detached residence, ideally positioned on a highly regarded private road and set on a generous plot approaching 1/4 of an acre. This magnificent family home is CHAIN FREE offers over 4000 sq ft of impeccably presented living space, having been tastefully updated to an exceptional standard throughout.
Accessed via a beautiful walled entrance, the property is approached by a large block-paved driveway providing extensive parking and leading to a large double garage with power and lighting. The accommodation begins with a bright and airy entrance hall and flows into three spacious reception rooms, including a substantial living room opening into a formal dining area, and a versatile cinema/playroom. The heart of the home is a stunning kitchen/breakfast room, supported by a separate prep/utility room. Additionally, there is a gymnasium complete with its own shower unit.
An impressive central staircase leads to a galleried landing, providing access to the first-floor accommodation. The principal suite features a spacious en-suite bathroom, while bedroom two also benefits from its own en-suite. Three further double bedrooms are served by a luxurious family bath/shower room. Bedroom five includes a staircase leading to a charming mezzanine level, ideal for a games room or snug nestled within the eaves.
Externally, the beautifully landscaped rear garden is mainly laid to lawn, with well-established shrubs and borders. A timber decked seating and BBQ area provides the perfect outdoor entertaining space, complemented by a fabulous heated pool, a dedicated pool room housing the heating and pump systems, and a separate outdoor W/C.
Riverside Avenue is in an excellent location equipped with full fibre broadband as well as providing convenient access to Broxbournes excellent local amenities, including renowned schools, shops, and Broxbourne railway station with direct links to Liverpool Street
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.
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