5 bedroom detached for sale

£1,675,000

5

Bedrooms

5

Bathrooms

Floorplan

This stunning detached new home offers over 4,400sqft of luxury accommodation backing on to open countryside and woodland beyond. The property is part of an exclusive modern development of bespoke homes in the desirable Bedfordshire village of Northill.

Finished to a high specification the property has been built to a high standard with energy efficiency and modern living requirements taken in to consideration. The home boasts underfloor heating throughout with a wealth of character including oak finishings and exposed timber beams.

To the front of the home is a generous block paved driveway and garden laid to lawn. The driveway leads up to an oversized double garage which is integrated to the property. To the rear of the home home is an expansive garden which is mainly laid to lawn with a patio area wrapping around the house.

Entering the home through the front door you are greeted by a grand hall with an oak staircase rising to the first floor. The entrance hall is serviced with ample in built storage. The ground floor accommodation flows nicely through the hall and at the heart of the home is a light and airy 30ft x 21ft kitchen/dining/family enjoying views over the garden via bi-fold doors with glazing continuing up to the ceiling.

The kitchen has been fitted with stone worksurfaces and features built in appliances along with an integrated coffee station. A walk in pantry is accessible from the kitchen as is the adjoining utility room which links the main house to an annexe like ground floor bedroom with en-suite shower room.

Further ground floor accommodation includes a well appointed W/C, 18ft family room, study and 22ft x 18ft lounge which has been fitted with bi-fold doors opening on to the garden.

The first floor accommodation is arranged around a spacious landing with doors opening on to four double bedrooms each of which feature a range of comprehensive bespoke in built storage and adjoining en-suite bathrooms. To the front of the home above the garage space is a large bedroom with adjoining en-suite bathroom as well as his and hers walk-in wardrobes. To the rear of the home is an equally spacious bedroom which almost forms its own wing of the house with adjoining en-suite bathroom and dressing room. The en-suites adjoining bedrooms one and two are individually fitted with four piece suites along with integrated TVs to enjoy while soaking in the bath.

Northill is a small historic village in Bedfordshire that lies within easy reach of the A1 which along with the nearby train stations in Biggleswade and Sandy providing fantastic commuter links to the capital. At the centre of the village is a duck pond which is just in front of the village gastro pub which features a superb garden to enjoy when visiting during summer months. The village is also home to a primary school along with a church and village hall. A number of countryside walks and nature trails around the village offer a choice of dog walks and jogging routes.

The neighbouring village of Ickwell is just a short walk away and is famed for its historic green which annually hosts a may day festival. Ickwell Green is also home to the villages cricket club and football team along with a pre-school. Just a mile up the road is the Shuttleworth collection a charity run airfield with a museum of vintage planes and vehicles. The Shuttleworth collection holds various airshows which can be enjoyed from anywhere within the local villages with vintage aeroplanes often a common site in the skies.

The traditional market town of Biggleswade is approximately 2.5 miles away and offers an array of amenities with a variety of cafes, pubs and restaurants. Biggleswades market square is home to various independent local businesses and holds weekly markets on a Tuesday and Saturday. Markets have been held at the town since the 12th century on to top of its weekly markets the town also holds specialist food, farmers and Christmas markets at various times throughout the year. To the south of the town is a retail park which includes a various high street brands with M&S, Next, Boots and JD sports to name a few.

Disclaimer: Please note we do not test any fixtures, fittings, apparatus or services. Any interested parties should undertake their own investigation into the working order of these items. All measurements provided are approximate and photos are provided for guidance only. Potential buyers are advised to re-check the measurements before committing to any expense. Potential buyers are advised to check and confirm the EPC, estate management charges and council tax before committing to any expense. Floorplans are for illustration purposes only. Cooper Wallace do not verify the legal title of the property and the potential buyers should obtain verification from their solicitors committing to any expense.



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £7,243.82

Total Interest: £932,775.20

Overall Total: £2,607,775.20

Amortization For Monthly Payment: £7,243.82 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£53,106.85 £33,818.99 £1,641,181.01 
2026£52,008.63 £34,917.21 £1,606,263.80 
2027£50,874.74 £36,051.10 £1,570,212.70 
2028£49,704.04 £37,221.80 £1,532,990.90 
2029£48,495.31 £38,430.53 £1,494,560.37 
2030£47,247.34 £39,678.50 £1,454,881.87 
2031£45,958.84 £40,967.00 £1,413,914.87 
2032£44,628.49 £42,297.35 £1,371,617.52 
2033£43,254.95 £43,670.89 £1,327,946.63 
2034£41,836.80 £45,089.04 £1,282,857.59 
2035£40,372.60 £46,553.24 £1,236,304.36 
2036£38,860.85 £48,064.99 £1,188,239.37 
2037£37,300.01 £49,625.83 £1,138,613.54 
2038£35,688.49 £51,237.35 £1,087,376.19 
2039£34,024.63 £52,901.21 £1,034,474.98 
2040£32,306.74 £54,619.10 £979,855.88 
2041£30,533.07 £56,392.77 £923,463.11 
2042£28,701.79 £58,224.05 £865,239.07 
2043£26,811.05 £60,114.79 £805,124.28 
2044£24,858.91 £62,066.93 £743,057.35 
2045£22,843.38 £64,082.46 £678,974.90 
2046£20,762.40 £66,163.44 £612,811.46 
2047£18,613.84 £68,312.00 £544,499.45 
2048£16,395.51 £70,530.33 £473,969.12 
2049£14,105.14 £72,820.70 £401,148.42 
2050£11,740.39 £75,185.45 £325,962.97 
2051£9,298.86 £77,626.98 £248,335.99 
2052£6,778.03 £80,147.81 £168,188.18 
2053£4,175.35 £82,750.49 £85,437.69 
2054£1,488.15 £85,437.69 £0.00 

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

£ 1,413,075

Mortgage Loan to Value

84%

Gross Yield

12%

Annual ROI

33%

Annual Rental Profit

£ 90,040

Cumulative Rental Profit

£ 900,396

Cost of Purchase

£ 156,825
  • Stamp Duty
    £ 112,250

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

  • Refurbishment Budget
    £ 41,875
  • 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

£ 110,960
  • Mortgage Interest
    £ 63,588

    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)
    £ 26,532
  • Letting Fee
    £ 240
  • Maintenance
    £ 20,100
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 1,796,970
  • Final Equity Profit
    £ 896,573

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

  • Cumulative Rental Profit
    £ 900,396

    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

£ 2,728,398

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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