4 bedroom detached for sale

£547,500

4

Bedrooms

2

Bathrooms

Floorplan

Woodhouse are pleased to present Crossing Cottage, a 4-bedroom detached home situated at the end of Cadmore Lane. The current family have loved living here for a generation, but they are ready to downsize and have already found their onward home - meaning theyre ready to move as soon as you are!

To the Ground floor you are greeted with a Lounge-Diner almost 10 metres deep, with a Conservatory to the rear to access the Garden. The fitted Kitchen also has a dining area and to the rear there is a Cloakroom and another door to the Garden. To the 1st floor you have 4 x Bedrooms and a 2-piece Shower Room and another Cloakroom. Outside is the attractive Garden,being paved and with flowerbed borders. Being a wrap-around there is plenty of space for hosting, and benefits from not being overlooked. PLANNING PERMISSION GRANTED for a driveway.

The cottage is ideally located for any family wishing to move into this neighbourhood. You are only a few minutes walk away from Cheshunt Station which takes you directly into London Liverpool Street (in as fast as 20 minutes, and Oxford Circus for example in approx 40 minutes) . The wonderful Lea Valley Nature Reserve is also here, a vast area encompassing heritage sites, cycling, walking, white water rafting, horse riding and wide open spaces.

Also within walking distance are the shops & eateries of the Old Pond and high street - including gym, library, parks and highly-regarded schools. A short drive away is Brookfield Centre, with its large chains and further eateries. For road links, the A10 & the M25 are only a few minutes drive away too.

Contact Woodhouse today to come and see for yourself what this home has to offer you and your family! Viewings available 7 days a week.



Features
  • Freehold

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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

£ 454387.5

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
    £ 13687.5
  • 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

£ 43762.5
  • 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

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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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