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10 Church Lane, Royston
£695,000
Bedrooms
Bathrooms
Abode are delighted to offer to market this versatile detached home in the popular village of Reed, in North Hertfordshire. Located in the centre of the village, this lovely home has 4 reception rooms providing ample accommodation for a variety of family uses. The lounge benefits from a modern log burning stove, leading to the conservatory and patio area beyond. The garden is a real standout space, with many seating areas, alcoves and private garden areas. A mature plum tree and edible apple tree add a bounty of fruit for the lucky owners. We also find a ground floor bedroom and bathroom suite, so would be ideal for people with restricted mobility or for visitors. Upstairs we find two further double bedrooms, with ensuite to the master. The property further benefits from a large drive, and garden store room with power. The property is offered chain free, viewing is by prior appointment only, contact Abode today to avoid disappointment.
About Reed
Discover the charm of Reed, a historic North Hertfordshire village set on a scenic chalk ridge, just 3 miles south of Royston. This idyllic location, with a population of 343 (2021 Census), offers a tranquil escape surrounded by ancient moats, ponds, and woodlands like Bush Wood, perfect for strolls along the Hertfordshire Way. The village green is home to the vibrant Reed Cricket Club, established in 1956, with competitive teams and a thriving junior 'Colts' program. Families will appreciate Reed First School on Jacksons Lane, rated 'Good' by Ofsted for its nurturing environment. Savour local dining at The Cabinet, a 16th-century inn featuring a new Italian restaurant and takeaway. With Roystons train station nearby, enjoy swift connections to London (38 minutes) and Cambridge (15 minutes). This property in Reed offers the perfect blend of rural serenity and modern connectivity.
Map location is not available for this property.
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.
10 Church Lane, Royston
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