Building Plot, Planning Permission for Chalet Bungalow, Kimbolton Road, Bedford

1 /2
Available / For Sale

4 bedroom land (commercial) for sale

£400,000 Offers over

4

Bedrooms

3

Bathrooms

Floorplan

An Unmissable Opportunity on Kimbolton Road, Bedford

Set on an impressive site along the prestigious Kimbolton Road, this unique offering comprises one of two carefully designed plots with full planning permission(24/01146/FUL).

Plot 1: 4-Bedroom Chalet Bungalow

Spanning 1,668 sq ft, this beautifully designed home features:

A spacious open-plan kitchen, dining, and living area, perfect for hosting family gatherings or relaxed evenings.

A convenient ground-floor master bedroom with an en-suite is ideal for downsizers or those seeking single-level living.

Additional bedrooms upstairs provide versatile options for guests, children, or a home office.

Large windows and sliding doors to maximise natural light and provide access to the garden and patio.

A Lifestyle of Comfort and Convenience

Located in one of Bedfords most sought-after areas, these homes are perfectly positioned to offer:

Beautiful outdoor spaces: The properties sit amidst mature hedges, with space for landscaped gardens and outdoor entertaining areas.

Greenery and recreation: Enjoy proximity to Bedford Park, Russell Park, and the Embankment, ideal for leisure and fitness activities.

Vibrant community amenities: The nearby Castle Quarter boasts cafes, restaurants, boutique shops, and traditional pubs, offering something for every family member.

Top-Tier Education

Due to its convenient location the area is very popular with parents seeking the highly regarded Harpur Trust schools and other prestigious independent schools, making this an excellent choice for families prioritising education.

Key Features

Eco-friendly features such as solar panels and space for green landscaping.

Thoughtfully designed layouts to maximise privacy and usability.

Dont Miss Out

An opportunity to create your dream home from scratch on one of Bedfords most prestigious roads.

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

£ 332700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 10000
  • 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

£ 32700
  • 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

Adjust these figures

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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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