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£1,250,000
Bedrooms
Bathrooms
Reception
This fantastic home on a plot of approximately 19 acres of grazing land, garden and equestrian facilities offers an incredible amount of scope and opportunity. Located on a peaceful lane and sitting back from the build line, this lovely home is in a secluded position on top of a rolling hill, making the most of the country views.Available as one, or as separate lots the sellers are open to negotiation on how the sale is packaged to suit a buyer or buyers.The property itself is a spacious, extended four bedroom home which has the added benefit of full planning permission for a generous one bedroom annexe (Huntingdonshire District Council ref 21/01762/HHFUL). There is plenty of versatile living space including three reception rooms, a well equipped kitchen, a garden room as well as a separate office and downstairs WC. Outside, the sweeping drive provides parking for multiple vehicles and there is currently a double garage which would form part of the permitted annexe/ extension.The land and equestrian facilities are part of a separate title number to the house. Note that there is currently an overage on the mnage, with an uplift of 30% to the current owners should there be any residential development on this area in the next 50 years. Full details are available on enquiry, and removal of the overage is negotiable.The equestrian facilities include a stable yard with three stables, a store room and hay barn. Behind the yard is a further parking area - perfect for storing horse boxes - and from here there is an Olympic size all weather mnage.A separate lane running down the North end of the property from Green End is also part of the title and gives any purchaser an alternative access to the land and mnage. The neighbouring properties have right of way over the lane for access to their homes.Great Stukeley offers a thriving community with a good local pub and excellent country walks nearby. A school bus runs from the end of the lane to Kimbolton School or Hinchingbrooke School and you can catch fast regular trains into London from Huntingdon Station.
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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