4 bedroom detached for sale

£685,000 Guide Price

4

Bedrooms

1

Bathrooms

Floorplan

27 High Street, Bassingbourn, has been beautifully updated by the current owners to create a spacious family home that blends period Georgian features with a modern open-plan design.

Upon entering through the porch, which offers space for coats and shoes, youll find an impressively extended open-plan kitchen/dining/family room, perfect for entertaining family and friends. This light-filled space boasts a triple aspect and Velux windows, while a stable door leads to the rear garden, complemented by a stylish tiled floor. The kitchen is comprehensively equipped with a range of wall and base-mounted units, generous work surfaces, an inset sink with a stainless steel mixer tap, an electric hob, and an Aga, along with space for additional appliances, including an American-style fridge freezer.

The expansive living/dining room spans the width of the original house, measuring over 245' x 151' (1.43m x 4.56m). It features wood flooring, built-in shelving, and cupboards flanking a charming feature fireplace, while a wood burner creates a cozy focal point with its slate hearth. A convenient downstairs w/c completes the ground floor accommodation.

Upstairs, youll find four spacious bedrooms and a family bathroom. The bathroom features a modern white suite, including a roll-top bath and a separate walk-in shower, beautifully finished with stylish half-wall panelling.

The outside space boasts beautifully landscaped gardens, featuring a lawn bordered by mature shrubs, plants, and trees. Two distinct seating and decking areas offer private spots for relaxation and alfresco dining. A garden path leads to two good sized timber sheds.

Additionally, a driveway on the side of the property provides off-street parking.

Bassingbourn is about 12 miles south-west of Cambridge and about 3 miles north of Royston.

It is a well served village with a local supermarket and post office, primary and secondary school, local library, sports centre, GP surgery, two pubs and a coffee shop.

Roystons mainline station gets you in to Kings Cross in about 40 minutes or Cambridge in less than 20 minutes.

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

£ 567825

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 17125
  • 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

£ 54075
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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