4 bedroom detached for sale

£1,450,000 Guide Price

4

Bedrooms

5

Bathrooms

Floorplan

This large executive home is situated within a gated private road comprising just three properties. Internally, the property spans in excess of 3,800 sqft spacious accommodation, making it fantastic for entertaining and large families.

The property is entered via a modern entrance porch through double solid oak doors, covered by a oak timber-panelled roof. The ground floor features five reception rooms, including a playroom/annex, which has been an excellent space for the current owner when entertaining, with its bi-folding doors opening onto the garden and patio. The modern kitchen includes a range of wall and base units, ample workspaces, and a central island. A small extension off the kitchen offers a cozy seating area, perfect for interacting with friends and family in the main hub of the home. Additionally, the ground floor offers a utility room, study, shower room, and access to the double garage.

The annex has its own independent entrance, kitchen, and shower room, designed perfectly for someone to come and enjoy independent living if required.

The first floor comprises four spacious bedrooms, with the principal bedroom measuring 205' x 177'. There are two en-suites serving the bedrooms, providing convenience and luxury. There is also a large bathroom with a four-piece suite, including a separate shower and bath.

The property sits on a large plot measuring around a third of an acre, with direct access onto the large patio from the kitchen/breakfast area, living room, and games room. The garden is mainly laid to lawn, surrounded by mature trees, shrubs, and various plants, completely enclosed offering privacy and great space to entertain guests and for children to run around.

Kneesworth Street is situated at the edge of Royston town centre, which provides a good range of day-to-day shops together with schooling, recreational, and leisure facilities. The Royston Leisure Centre offers a gym, indoor sports hall, and swimming pool. Therfield Heath is a nature reserve that covers an area of 420 acres.

There are a wide variety of sporting clubs, a golf course, and woodland footpaths, a popular spot for dog walkers. There is also an extensive range of facilities in the nearby historic city of Cambridge, approximately 13 miles away.

Royston is excellent for commuters with regular direct services to Cambridge from 14 minutes, and Londons Kings Cross from 38 minutes via Stevenage, through the Thameslink stations, Gatwick Airport, and on to Brighton without a change of trains. For road commuters, there are good road links via the A505 and A10 to London, Stansted Airport, the A1(M), and the M11 via the A505.

Independent schooling is available in nearby Cambridge, including the renowned Kings College and St Johns College Schools, The Perse schools, and in Letchworth with St Christophers & St Francis.

All distances and times are approximate.

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

£ 1212700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 36250
  • 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

£ 125200
  • 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

Adjust these figures

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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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