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£350,000
Bedrooms
Bathrooms
Ashton Roberts are pleased to offer this Attractive Detached Cottage with panoramic field views situated at the end of an unmade road with no immediate neighbours in a quiet rural village. The property sits on a large mature plot in the region of an acre in size (subject to measured survey) being ideal for equestrian, smallholding or livestock. Offering majority UPVC double glazing and oil central heating with additional multi fuel burning stove and under floor heating to the bathroom. This character property provides two double bedrooms, family Bathroom, spacious Lounge, Kitchen/Dining room, Snug, Utility/Boiler Room and Boot Room. Viewing is highly recommended.
Accommodation
Wooden Side Door to;
Boot Room 46 x 116 (1.4m x 3.5m)
Of timber construction with tiled floor, UPVC double glazed window to side, fitted storage unit with work surface, UPVC Double glazed door to;
Kitchen/Diner
Kitchen area 67 x 187 (2m x 5.7m)
Dual aspect with window to side and rear, range of matching wall and base units with solid wood worktops, butler style sink, double oven, induction hob, space for dishwasher, space for American style fridge/freezer, wood effect tiled floor and ceiling spot lights.
Dining Area 11 x 117 (3.4m x 3.5m)
Wood effect tiled floor, ceiling spotlights, radiator, window to front, bare wooden doors to Inner hall and;
Snug 157 x 1011 (4.8 x 3.3m)
Window to front, radiator, opening to;
Lounge 14 x 1811 (4.3m x 5.8m)
UPVC Double Glazed French doors to rear garden, two Velux style windows, multi fuel burning stove
Inner Hall
Wood effect tiled floor, stairs to first floor, bare wooden doors to bathroom and;
Utility Room 93 x 6 (2.8m x 1.9m)
Space and plumbing for Washing machine, space for two additional appliances, wall mounted Wallstar oil fired boiler, airing cupboard housing hot water tank, wall mounted cupboard, window to rear, Velux style window, radiator, wood effect tiled floor.
Bathroom
Back to wall freestanding bath with Floor standing mixer tap and electric wall mounted shower over, Pedestal wash basin, close coupled w.c., tiled floor with under floor heating, two ladder style towel rails, Double glazed wooden window to rear, Velux style window.
First Floor landing
Cupboard housing water tank, Two cupboards with fitted hanging rails, radiator, Bare wooden doors to both Bedrooms.
Bedroom One 108 x 116 (3.3m x 3.5m)
Window to front, radiator
Bedroom Two 119 x 1010 (3.6m x 3.3m)
Window to front, radiator
Outside
The property sits on a good sized established plot in the region of an acre (stms). The grounds are divided into a paddock area with electricity supplied to two stables and a workshop, a small spinney of trees, a gravel driveway providing ample off road parking, a summer house with mains electricity, currently used for dog grooming, and a landscaped rear garden with a raised patio area.
EPC - E
Council Tax Band - B
Freehold
Mains water, Private drainage, Mains electricity
Agents note: The plan shows the property edged red. The vendors acquired the land on the North side of the cottage after their original purchase
Our property is located in the picturesque village of Welney in a semi-rural location with a village public house and restaurant, St Marys Church, River fishing and Dog walks. Welney also has a mobile Post Office 4 days a week. The nearest train station is Littleport approx. 6 miles. Littleport also has a range of shops, restaurants and other amenities. The property is approximately a 15 to 20 minute drive from Downham Market and the City of Ely. Ely is an historic Cathedral City which provides an excellent range of shopping facilities, schools catering for all ages and various sporting and social activities including a leisure village with a multi screen cinema and various restaurants.
The main A10 road at Ely provides access to Cambridge which in turn links with the A14 and M11 motorway to London.
Both Downham Market and Ely have a mainline railway station which provides a service to Cambridge and London.
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.
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