5 bedroom cottage for sale

£1,200,000 Guide Price

5

Bedrooms

4

Bathrooms

Floorplan

Occupying a plot of over half an acre is this spacious extended cottage spanning over 2,400sqft of accommodation. Tucked away within a secluded position on Caldecote Green the property offers approximately 1,900sqft of additional outbuildings which includes stables, a work shop and timber cabin. The property boasts planning permission to build a further detached 4 bedroom home within the plot.

Entering the home via the front door you are greeted by an internal porch with a useful storage in built storage cupboard. The porch opens in to a 14ft x 13ft reception hall which leads on to the rest of the ground floor accommodation along with stairs rising to the first floor. The home enjoys three generous receptions rooms which includes an 18ft lounge with an archway opening to a 17ft family room, the 14ft x 10ft snug would make an ideal office space or home cinema area enjoying views over the rear garden. The hub of the home is formed by a light and airy triple aspect 25ft x 22ft kitchen/dining room which features integrated appliances and bi-fold doors opening on to the garden. The kitchen/dining room is adjoined by utility room which in turn is adjoined by a well appointed W/C.

The first floor accommodation is arranged around a central landing with doors opening on to five double bedrooms along with a family bathroom fitted by a four piece suite. Bedrooms one and two are each adjoined by en-suites with bedroom two also enjoying a walk-in wardrobe/dressing room and bedroom one a wall of in built wardrobes providing a 'secret door' to its own private four piece en-suite.

Outside the home gated access to the side of the property opens to a driveway providing parking for multiple cars. The workshop is accessible from the driveway. The main area of the workshop spans an impressive 49ft. The main area of the workshop opens to an internal room previously used as a spray shop. Beyond the former spray shop is a kitchenette which opens to a further studio that is adjoined by a shower room. The stable block is divided in to three separate stables and is in need of repair. The outbuildings are completed by a 16ft x 16ft cabin which could be utilised as a garden pub or home gym space. The garden space is mainly laid to lawn and enjoys open views over paddocks to the rear.

Planning permission has been granted to build a detached four bedroom dwelling within the plot. The plans for the development opportunity can be viewed via the Central Bedfordshire planning portal using reference number CB/25/00591/FULL.

Upper Caldecote has various local amenities including a village store, post office, church, sports/social club and a local authority village lower school. The neighbouring towns of Sandy 2.5 miles away and Biggleswade 2 miles away provide more comprehensive facilities including mainline railway stations with services to King Cross taking approximately 36 minutes from Biggleswade. There are also road links to the major trunk roads, the A1 and M1.

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.

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

£ 993950

Mortgage Loan to Value

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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
    £ 30000
  • 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

£ 93950
  • 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

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  %

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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