4 bedroom detached for sale

£675,000

4

Bedrooms

1

Bathrooms

Floorplan


SUMMARY
FIRST TIME ON THE MARKET SINCE BUILT 60 YEARS AGO. This well presented DETACHED FAMILY HOME boasts FOUR BEDROOMS, GARAGE, CARPORT AND DRIVE, located on one of the largest plots on the Roselands Development and being offered CHAIN FREE.


DESCRIPTION
Welcome to this spacious four bedroom detached family home nestled in the desirable Roselands Development just off Ware Road in Hoddesdon. The property combines generous living spaces making it an ideal choice for modern family living. In need of modernisation, the property offers features to include a spacious lounge/diner, kitchen, family bathroom and shower room, garage, carport and drive. High Wood Road sits within the Eastern region of England, offering a blend of suburban tranquility and convenient access to urban amenities, benefitting from proximity to Rye House rail station offering direct links to London and surrounding towns. Local bus routes and road networks make commuting and school runs straightforward. Roselands Primary School is just 180 yards and The John Warner Secondary School is within 0.6 miles. Hailey View Surgery provides nearby GP services.

Accommodation Comprises
Main front door leading to:

Entrance Hall
Stairs to first floor, storage cupboard, door to lounge, door to dining area and kitchen, door to understairs cupboard.

Lounge / Diner 22 6' narrowing to 8 8' into dining area x 17 4' narrowing to 108' ( 6.86m narrowing to 2.64m into dining area x 5.28m narrowing to 108' )
LOUNGE AREA Window to front and side aspects, patio doors to rear aspect, power points, feature stone gas fireplace, radiator, wall light points, TV point.

DINING AREA window to rear aspect, radiator, serving hatch, door leading to hallway.

Kitchen10 11' x 12 2' ( 3.33m x 3.71m )
Window to rear aspect aspect, door to side aspect, wall cupboards, gas hob, sink unit, double oven, washing machine, space for under unit fridge, radiator, tiled walls.

First Floor Landing
Window to front aspect, access to loft, doors to:

Bedroom 112 4' x 12 8' max wall to wall ( 3.76m x 3.86m max wall to wall )
Windows to front and side aspects, radiator, power points, built in wardrobes.

Bedroom212 max x 10 2' to front of wardrobes ( 3.66m max x 3.10m to front of wardrobes )
Window to rear aspect, power points, radiator. Built in wardrobes to one walk, airing cupboard housing boiler and immersion heater.

Bedroom 38 4' x 10 2' max ( 2.54m x 3.10m max )
Window to rear aspect, power points, radiator, built in wardrobes.

Bathroom

Shower Room
Comprising of a double shower cubicle, low flush wc, sink unit, radiator, window.

Bedroom 49 x 8 4' ( 2.74m x 2.54m )
Window, power points, radiator.

Garage16 7' x 8 5' ( 5.05m x 2.57m )
Up and over door and with light and power connected.

Carport
To side of property. Off street parking.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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

£ 559575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 16875
  • 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

£ 53325
  • 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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