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£1,350,000 Guide Price
Bedrooms
Bathrooms
An Impressive Grade II Listed Farmhouse with great potential, set on a plot of around an acre, this detached farmhouse, along with a range of outbuildings and a substantial timber-framed barn, offers an exciting renovation opportunity.
Believed to date back to the 15th century, this characterful home features later additions and requires complete refurbishment. The property offers excellent potential for development, including converting the loft space and transforming the substantial barn, subject to the necessary consents.
The main house measures approximately 3818 sq ft / 355 sqm (including the loft rooms), providing spacious and versatile living accommodation. With five bedrooms and scope to create additional rooms on the second floor, the possibilities are extensive.
The barn, also Grade II listed, measures around 2297 sq ft. This traditional timber-framed structure presents a rare opportunity for conversion into additional accommodation or a separate dwelling, subject to the relevant permissions.
Additional features include a double garage, a large parking area, and several original outbuildings and stores. The gardens, mainly laid to lawn, are enclosed by mature trees, hedgerows, and fencing, with a vegetable garden and fruit cage at the far end.
The leylandii to the southern border could be cut back to allow additional light into this part of the garden.
Little Shelford is one of the most highly sought-after south Cambridge villages and stands about 2 miles / 3.5 km south of the City boundary. The majority of the village is within a Conservation Area which has protected its charm and ensured it has not been swallowed up by major development over the years.
It is a thriving community with a modern village hall, a large recreation ground with a new sports pavilion, a charming phone box library, the Side Quest public house and a Chinese takeaway / fish and chip shop.
The OFSTED Good village primary school is just across the border into Great Shelford. There are excellent further facilities in that larger village including a butcher, a chemist, two supermarkets, hairdressers, cafes and take away restaurants, GP surgery and dentist.
For the commuter there are good cycle routes into the City and to Addenbrookes Hospital and the Biomedical Campus, Junction 11 of the M11 is about 2.5 miles / 4 km away and Great Shelford mainline station (Cambridge and London Liverpool.
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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