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10 Church Lane, Royston
£575,000
Bedrooms
Bathrooms
Abode are privileged to offer this versatile detached family home, located in a sought-after, tranquil location in the historic market town of Royston, Hertfordshire. The property is located near the top of the popular valley rise development, within walking distance of the high street, and benefits from abutting a swathe of wooded nature reserve. The home has been newly decorated throughout, with recent upgrades including a new central heating system, new electrical consumer unit and new windows and doors. Downstairs the property comprises of a large dining room, extended lounge with French doors to garden, kitchen with separate utility room, WC and integral garage.. Upstairs we have a Master Bedroom with built in wardrobes and renovated en-suite shower room, two further bedrooms and family bathroom. There is planning permission to extend the property for a fourth master bedroom with en-suite bathroom, which was granted in November 2022. Outside the property is backed by beautiful woodland, with a grass area to the right. There is a lovely raised garden, newly landscaped complete with garden room, fixed brick built BBQ/Fire and aspect lighting. This property is ideally located and viewing is highly recommended to appreciate this well presented home by prior appointment only..
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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