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£1,500,000
Bedrooms
Bathrooms
Ideal for someone requiring seclusion land and privacy, Thorncote Farm is a highly individual late 1940s constructed double fronted detached house situated on the edge of the hamlet of Thorncote Green being well detached from near neighbours and enjoying a commanding plot extending to 2.5 acres (sts). With undulating views across countryside to all aspects. The property, originally used as a chicken farm has been heavily extended from its original design to offer a wealth of accommodation arranged over two floors, with further scope to extend and improve (subject to planning). The property has undergone considerable improvements to the property including a brand new Oil fired boiler and heating system, plus air-conditioning to the master and guest bedrooms. There is also new doors and architraves throughout. There is also further scope to add additional dwellings (subject to planning consents) and would offer a fantastic scope for someone looking to operate a business from home or indeed want equestrian facilities on site. The approach of the property is via electronically operated gates into a sweeping block paved driveway with turning circle and parking for numerous vehicles leading to a detached double garage. There is an entrance porch, spacious hall with marble effect flooring, spacious study with bay window, dining room with bay window and opening doors into a dual aspect lounge of 27ft x 23ft max which enjoys views over the formal gardens and has a fireplace and Oak flooring. There is a high specification refitted ground floor shower room. The heart of the home is formed by an open-plan kitchen/breakfast/family area of 36ft max x 17ft max, ideal for entertaining fitted with white gloss soft close units and granite work surfaces, with Italian porcelain flooring and bi-fold doors leading onto the patio area. On the first floor the master bedroom enjoys views over the plot with a large dressing room fully kitted out with a comprehensive range of wardrobes and a stunning Marble en-suite bathroom with freestanding bath and separate walk-in shower. There is a balcony which encapsulates all the views and somewhere to enjoy your morning coffee. The guest bedroom features another luxuriously appointed en-suite and there are two further double bedrooms and a four-piece family bathroom with walk in shower. Outside there are formal gardens planted with a variety of established trees and shrubs, orchard area with Pear, Plum and Apple trees. There is 75ft shed suitable for a variety of uses and a five bar gate to the paddock which is enclosed with post and rail fencing and a couple of stables which could be refurbished for equestrian use. There is also a garden room which could be used as a home office away from the house, gym or games room which also has a WC . The property is situated in a complete non-estate position yet with excellent local amenities and commuter links on your doorstep. The A1 and Sandy mainline station linking to King Cross St. Pancras in 50 mins is approximately 3 miles away, Sandy offers Tescos supermarket along with a range of shopping leisure facilities along with nearby Biggleswade. Bedford lies approximately 9 miles away which offers further amenities as well as the sought after Harpur Trust schooling.
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 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.
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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