5 bedroom end of terrace for sale

£1,150,000 Guide Price

5

Bedrooms

1

Bathrooms

Floorplan

This substantial bay-fronted Victorian home provides nearly 2,000 sqft of family accommodation arranged over two floors, blending traditional character with a bright, contemporary feel.

The reception hall sets the tone with polished floorboards, a turned staircase and excellent natural light. The two main reception rooms interlink via double doors, each with tall sash windows, high ceilings and period detailing.

At the rear, the expansive triple-aspect kitchen/dining/family room is modern in design. It has an extensive range of units, deep worktops, a central island with breakfast bar, and integrated appliances. Full-width glazing opens directly onto the garden, making it a particularly sociable and light-filled space.

A utility room and ground-floor cloakroom complete the ground floor.

On the first floor, there is a wide landing that leads to five bedrooms, all with bright outlooks. Bedrooms three and four are interconnecting, offering scope to create a principal suite if desired. The stylish family bathroom with double sinks, separate WC, and contemporary tiling completes the first floor.

The Garden and Outbuilding

The property occupies a prominent corner plot with walled frontage and established planting that provides privacy. The broad rear garden is mainly lawn with mature trees, a paved terrace and side access.

The two-storey brick outbuilding is a rare feature. It is currently arranged as an office, workshop, and lean-to, with vehicular access from George Street. Although it needs significant repair, it offers excellent scope for renovation.

Chesterton Road is a highly regarded residential area north of the river, moments from Midsummer Common, Jesus Green and Mitchams Corner. Local shops and cafs are on the doorstep, with the city centre just over a mile away. Cambridge North Station and the Science Park are within easy reach by cycle.

Primary schooling is at Milton Road, with secondary schooling at Chesterton Community College.

Map location is not available for this property.

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

£ 950200

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
    £ 28750
  • 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

£ 87700
  • 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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