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£525,000 Guide Price
Bedrooms
Bathrooms
This charming Victorian terrace on Ainsworth Street has been tastefully updated by the current owner to create a warm, modern home that blends period character with practical living. Perfectly positioned in a sought-after residential area, the property offers approximately 700 sqft (68. sqm) of beautifully presented accommodation arranged over three floors.
Upon entering, youre welcomed into a bright sitting room with a large window that floods the space with natural light. The central hallway leads to a modern bathroom fitted with a white suite and a separate WC.
To the rear of the home lies the standout feature, a newly fitted kitchen, finished to a high standard with soft sage shaker-style units, oak-effect worktops, integrated electric hob and oven, washing machine, and ample built-in storage. The room is further enhanced by a large skylight and sleek spotlighting, giving it a contemporary feel with plenty of light and warmth. Beyond the kitchen, a separate dining room provides an ideal space for entertaining, with access to the rear outdoor space.
The first floor hosts two bedrooms, both neutrally decorated and newly carpeted.
A converted loft room offers excellent versatility. Please note that the loft is currently accessed via a pull-down ladder for convenient use.
The property boasts a beautifully maintained rear garden, featuring a generous patio area directly adjacent to the house, perfect for outdoor dining and entertaining. Beyond the patio lies a well-kept lawn, surrounded by an abundance of mature flowers and established planting that add colour and character throughout the seasons. The garden is fully enclosed with fencing, offering a safe and private space, and benefits from rear gated access for added convenience.
Ainsworth Street is a particularly desirable neighbourhood in the highly regarded Petersfield wards. It is conveniently situated between Sleaford Street and Hooper Street, around a mile east of the City Centre with its combination of ancient and modern buildings, winding lanes, excellent choice of schools and wide range of shopping facilities.
The property is a 14 minute walk from Cambridge Railway Station with direct links to London. Mill Road, The Grafton, Beehive Shopping Centres and Cambridge Retail Park are also a short walk away. The city centre is reached by foot in just 20 minutes.
Schooling is excellent and the area falls within the catchment of St Matthews Primary School, secondary provision is at Parkside Community College both of which are Ofsted rated as outstanding
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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