4 bedroom detached for sale

£1,800,000 Guide Price

4

Bedrooms

4

Bathrooms

Floorplan

Remarkable individual home with outstanding eco credentials Ground source heat pump supplying underfloor heating Triple-glazing Photo-voltaic solar panels Impressive A rated EPC Generous open-plan accommodation on ground floor En suites to all bedrooms Stunning 1.33 acre garden plot and village setting Two double garages and ample off-street parking

The Property - Approached via a sweeping gravel driveway, this remarkable modern home stands elevated in its fine plot. In a former existence this barn-style property housed traction engines; it has now been transformed into an outstanding eco-house with the highest standards of insulation, which help it achieve the highest EPC scores we have ever seen. The underfloor heating system supplied by the ground source heat pumps located in the boiler room is so effective that the present owners have never found the need to use the circuits on the first floor. The lower slope of the roof at the rear is clad in solar panels cleverly designed to be virtually indistinguishable from the slates covering the remainder of the roof. Triple-glazing completes the eco credentials.

The house retains the metal frame of the original engine shed, but was otherwise completely rebuilt in 2014/15. The insulated frame is clad with timber weatherboarding externally, under a pitched slate roof.

The ground floor is principally open-plan with spacious sitting, dining and kitchen/breakfast areas. It is completed by separate entrance lobby, study, cloakroom/WC, laundry and boiler room. A splendid feature staircase leads to the part galleried landing and four double bedrooms, each with its own en suite bathroom or shower room.. The attached double garage has planning permission for conversion to additional accommodation, if required.

The Outside - The house stands in a fine plot extending to 1.33 acres, with the house and approximately half the plot falling within the Great Wymondley Conservation Area. The remainder of the plot is within the greenbelt. The section within the Conservation Area formerly formed part of the grounds of the neighbouring Grade II listed property, hence the exacting standards of design and specification of this superb home.

The plot measures approximately 272 by 271 (83m x 82,7m) overall. To the front and side are extensive lawns, herbaceous beds and borders, a small orchard, mature specimen conifers, ornamental shrubs and trees. A raised terrace adjoins the front of the house with paving and attractive planting including ornamental shrubs.

To the right of the house is a splendid part walled kitchen garden with raised beds and complete with a traditional T-shaped green house, the main part of which measures approximately 164' by 10 (5m x 3.03m). To the rear is a further lawn with raised border, pergola and ornamental shrubs and trees. Garden store, approximately 13 by 910' (4m x 3m).

Wide gates open to the driveway and generous forecourt providing ample off-street parking and leading to both the attached double garage and the detached outbuilding comprising a second double garage and adjoining garden store.

The Location - The Folly is located on the northern side of the picturesque village of Great Wymondley, ironically, smaller than neighbouring Little Wymondley with which it forms a single civil parish. The village lies to the east of the highly regarded market town of Hitchin in north Hertfordshire, less than 2 miles from Hitchins mainline railway station. Regular services run to London throughout the day, The fastest service to Kings Cross takes just 29 minutes; more frequent services to St Pancras take 33 minutes. Junction 8 on the A1(M) is just a mile and three-quarters away.

Great Wymondley is served by a pub and its historic parish church; the local primary school is in Little Wymondley. Hitchin provides an excellent range of amenities including a wide choice of shops, excellent schools, pubs, restaurants and leisure facilities. The towns of Letchworth Garden City, Baldock and Stevenage are also nearby to widen the choice.

Services - MAINS sewerage and electricity are connected to the property. Water is provided from a private borehole.
BROADBAND: A choice of providers with claimed download speeds of up to 1800 Mbps.
MOBILE SIGNAL: Most providers claim up to 5G coverage.

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

£ 1524950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 45000
  • 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

£ 174950
  • 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

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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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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