5 bedroom detached for sale

£1,150,000

5

Bedrooms

5

Bathrooms

Floorplan

Woodhouse are pleased to offer this stunning family home with exceptional space for both family living and entertaining.

Originally built in the 1930s, the current owners have extensively remodelled and upgraded The Mearns to approx 3,000sqf - including a stylish Lounge extension with skylight, a bespoke modern kitchen, and an open-plan dining area featuring full-length bi-folding doors leading to the inviting Al Fresco outdoor kitchen and BBQ space for all-weather entertaining. There are a further three Reception Rooms and 3-piece Shower Room for the family.The ground floor also benefits from an annexe with separate entrance. This is currently serving as offices, but comprises a Reception Room / Bedroom, Kitchenette, Dressing Area and Cloakroom - ideal for office or multi-generational living.

To the 1st floor, there are 4 x Bedrooms and the Family Bathroom. Two of the Bedrooms come with their own En-suite, furthermore the Master also benefits from its own Dressing Room and a beautiful Morning Terrace overlooking the beautiful Garden.

Externally to the rear, the landscaped Garden includes that covered Al Fresco dining area & kitchen, plus two patio areas and a sunken seating area with a central fire pit for further hosting and relaxation. To the front of the house the newly-laid driveway offers ample parking set behind secure electric gates.

Flamstead End Road is based in West Cheshunt, with plenty of local amenities. There are local shops on your doorstep, and excellent road links such as the A10 & M25 minutes away. You can walk / drive to Brookfield Centre & the High Street, and both Cheshunt & Cuffley Stations are approx. 10 minutes drive away. There are fantastic and coveted schools nearby, both Primary & Secondary.

VIRTUAL TOUR AVAILABLE - Use it to glide through this home, (and please try the brand new AI button that removes all the furniture so you see the house empty). And then contact Woodhouse today to come and see for yourself what this premium and imposing home has to offer you and your family! Viewings available 7 days a week.


Mobile Signal

4G excellent data and voice


Construction Type

Floor: Suspended, no insulation (assumed)

Roof: Pitched, 100 mm loft insulation

Walls: Solid brick, with internal insulation

Windows: Fully double glazed

Lighting: Low energy lighting in all fixed outlets



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

£ 950200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

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
    £ 28750
  • 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

£ 87700
  • 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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